Cost of Living in Columbia, MO
Columbia has a cost of living index of 89 (100 = national average), making it more affordable than the national average. The median household income is $46,829 and the median home price is $230,000.
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Columbia at a Glance
Population
126,254
Cost of Living Index
89
Median Income
$46,829
Median Home Price
$230,000
Property Tax Rate
0.96%
Sales Tax Rate
8.22%
Rent Index
78
State
Missouri
Living in Columbia
Columbia offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $230,000 is well within reach for many families.
The combined sales tax rate in Columbia is 8.22%, and the effective property tax rate is 0.96%. Property taxes are close to the national average.