Cost of Living in Sikeston, MO
Sikeston cost of living index: 70.3 (below the US average). Median home price: $108,000.
Updated 2026 β’ Based on 1 local zip code
π Some data sourced from nearby metro area
% below the national average
Housing
Data from 1 zip code
Housing costs in Sikeston, MO based on real market data from 1 local zip code.
Considering a move to Sikeston, MO? With a housing index of 28.3, it appears to offer an affordable market overall. The median home price stands at 108000.0, making homeownership attainable compared to national averages. Additionally, rent prices for a 2-bedroom apartment and house at 1150.0 and respectively position this city as an attractive option for those prioritizing budget-friendly living. Note that living in this area can also provide a lower-cost lifestyle than many urban centers across the country, making it worth considering for a long-term residence.
Last updated: January 2026
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Living in Sikeston, MO could entail variable utility costs. Electricity costs sit at $14.64, while natural gas is priced at $23.25 per Thousand Cubic Feet. Expect to budget about $79.1 monthly for other services like water and garbage.
Cost Breakdown by Category
Local Income & Economy in Sikeston, MO
How far does your money go in Sikeston? Understanding the relationship between income and cost of living is key to evaluating affordability.
How We Calculate Adjusted Purchasing Power in Sikeston
The adjusted purchasing power shows what a Sikeston, MO household income is actually worth after accounting for local prices. We calculate it using the formula: Purchasing Power = Median Income Γ· Cost of Living Index Γ 100
For Sikeston, that's $47,464 Γ· 70.3 Γ 100 = $67,516. This means a household earning the median income in Sikeston has the equivalent buying power of $67,516 in a city where the cost of living index equals the national baseline of 100.
Sikeston is well below the national cost of living average at 70.3, making it one of the more affordable places to live in MO. The median income of $47,464 has an effective purchasing power of $67,516 β a meaningful boost that allows residents to save more, invest in real estate, or enjoy a higher standard of living compared to expensive metro areas.
However, it's important to note that the poverty rate in Sikeston is 16%, which is above the national average. While living costs are low, income levels may also be lower for some households. Understanding both the cost of living and local income distribution is important when evaluating whether Sikeston, MO is the right fit for your budget and lifestyle.
π‘ Purchasing power is calculated by dividing the local median household income by the cost of living index and multiplying by 100. A result higher than the nominal income means your money goes further; a lower result means local prices erode your earnings. The US baseline cost of living index is 100.
Pros & Cons of Living in Sikeston
Pros
- β’ Friendly community
- β’ Good local schools
- β’ Access to outdoor activities
- β’ Family-friendly environment
- β’ Quiet small-town feel
- β’ Proximity to bigger cities
- β’ Diverse dining choices
- β’ Growing job market
- β’ Low cost of living
- β’ Affordable housing options
Cons
- β’ Access to healthcare issues
- β’ Less cultural diversity
- β’ Job market competition
- β’ Occasional racial tension
- β’ Limited nightlife options
- β’ Limited public transportation
- β’ Political division
- β’ Fewer kids activities
- β’ Some economic struggles
- β’ Higher crime rates
π‘City Insights
Sikeston scores 10/10 for affordability, 5/10 for safety, and 5/10 for family-friendliness β an good overall profile. Its strongest aspect is affordability, making it particularly suitable for budget-conscious buyers. This balanced profile makes Sikeston worth considering for various lifestyle priorities.
Frequently Asked Questions
What is the cost of living in Sikeston, MO? βΌ
The cost of living in Sikeston, MO is 30% lower than the national average, with a cost of living index of 70 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β
How much does it cost to buy or rent a home in Sikeston, MO? βΌ
In Sikeston, MO, The median home price is $108,000. requiring approximately $66,000 annual income to afford. Average rent is $1,150/month (requiring ~$46,000/year income). The local median household income is $47,464, making homeownership attainable for typical residents. Explore Sikeston real estate data β
Is Sikeston, MO a safe place to live? βΌ
Sikeston, MO is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Sikeston crime statistics β
What salary do you need to live comfortably in Sikeston, MO? βΌ
To live comfortably in Sikeston, MO and afford a median-priced home of $108,000, you would typically need a household income of $27,000 to $33,750 per year. The local median household income is $47,464. Renting requires approximately $46,000/year (at $1,150/month). See full affordability analysis β
What are the best neighborhoods in Sikeston, MO? βΌ
The best neighborhoods in Sikeston, MO depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $108,000 is below the national average.
How are the taxes in Sikeston, MO? βΌ
Tax rates in Sikeston, MO include state and local components. The cost of living index of 70 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Sikeston tax information β
How does Sikeston, MO compare to nearby cities? βΌ
Sikeston, MO offers a more affordable alternative to nearby communities. With a cost of living index of 70, median home prices of $108,000, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Sikeston, MO? βΌ
Weather in Sikeston, MO varies by season. Climate data varies by season. View detailed Sikeston climate & environment data β
What factors affect cost of living in Sikeston, MO? βΌ
The main factors affecting cost of living in Sikeston, MO include housing costs (the biggest factor), utilities, groceries, transportation, and healthcare. Local taxes and the overall economic conditions also play a role.
Housing Costs by Zip Code
Detailed housing data across 1 zip code in Sikeston, MO.
| Zip Code | Median Home Price | Avg Rent | 2BR Rent | For Sale | For Rent |
|---|---|---|---|---|---|
| 63801 | $108,000 | $918/mo | $1,150/mo | 161 | 10 |
Explore More About Sikeston, MO
π Last Updated: January 2026
Sources: U.S. Census Bureau (ACS), Bureau of Labor Statistics, Council for Community and Economic Research (C2ER), Zillow, Redfin