Cost of Living: Independence, MO vs Springfield, MO
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Independence, MO versus $4,227/mo in Springfield, MO. In the model, rent is about 15.46% of gross in Independence, MO versus 13.41% in Springfield, MO, so Springfield, MO tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Independence, MO and Springfield, MO.
At a glance
- Cheaper overall (lower cost-of-living index): Springfield, MO
- Lower rent (median 1BR/2BR): Springfield, MO
- Lower home prices: Springfield, MO
- Higher median household income: Independence, MO
Cost of Living Index
Independence, MO: 100 (U.S. = 100) · Springfield, MO: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Independence, MO: $1,008/mo (midpoint of 1BR/2BR) · Springfield, MO: $874/mo
Median rent in Independence, MO is $134/mo higher than in Springfield, MO.
Median Home Price
Independence, MO: $166,400 · Springfield, MO: $165,200
Median home price in Independence, MO is $1,200 higher than in Springfield, MO.
Median Household Income
Independence, MO: $59,480 · Springfield, MO: $45,984
Independence, MO has a higher median household income than Springfield, MO by $13,496.
Independence, MO overview · Springfield, MO overview · Popular comparisons