2023 Cost of Living for Working Families in Family-Friendly Missouri

Missouri: An Affordable and Family-Friendly State

Missouri is a state that has been gaining popularity among families because of its affordability and high quality of life. For a family with both working parents and 2 kids, the cost of living in Missouri is relatively low when compared to other states in the United States. The state offers a range of amenities and opportunities, making it a great place to raise a family.

Affordable Housing

Housing is one of the biggest expenses for families, and in Missouri, it is quite affordable. The average cost of a house in Missouri is around $150,000, which is much lower than other states. Renting a three-bedroom apartment can cost anywhere between $800 to $1,500 per month, depending on the location.

Reasonable Food Prices

Food prices are also reasonable in Missouri. A family of four can expect to spend around $700 to $900 per month on groceries. The state also offers a range of dining options, including both chain restaurants and local eateries, catering to all budgets.

Affordable Healthcare

Another significant expense for families is healthcare. The cost of healthcare in Missouri is comparatively lower than other states, making it affordable for families. The state has several health systems and hospitals that provide quality care for people of all ages.

Family-Friendly Entertainment

Missouri is known for its array of entertainment options that are family-friendly. From theme parks, nature reserves, lakes, and hiking trails, there’s no shortage of opportunities for family fun. The state is home to the iconic Gateway Arch in St. Louis, which attracts millions of tourists annually.

Quality Education System

When it comes to education, Missouri is home to several great public, private, and charter schools. The state has a robust education system, with schools that rank among the top in the nation. This makes it a desirable location for parents who want to ensure their children receive a quality education.

Overall, Missouri offers a lot to families, making it an attractive place to live. With low housing costs, affordable healthcare, and a great education system, the state provides a high quality of life. The entertainment options are also vast, making it an excellent place to raise children. Missouri’s location in the heart of the Midwest provides easy access to other states, making it an ideal location for those who want to travel.

Occupations with Above-Average Salaries

While these occupations may pay well, it’s important to consider the cost of living in Missouri. According to the Missouri Economic Research and Information Center, the cost of living in Missouri is 12% lower than the national average. This means that individuals may be able to stretch their earnings further compared to other states.

At the top of the list are Management Occupations. These jobs have an average annual salary of $114,296. This includes a range of positions such as Financial Managers, Human Resource Managers, and Operations Managers. These positions typically require specialized training and education and are often found in larger companies.

Chief Executives have the highest average annual salary in Missouri, earning $196,934.40 per year. These individuals are responsible for leading their organization and making strategic decisions about its future. They often have many years of experience and hold advanced degrees.

General and Operations Managers have an average annual salary of $107,473.60. These individuals are responsible for overseeing the day-to-day operations of a business. They may be involved in hiring, budgeting, and planning to ensure that everything runs smoothly.

Marketing Managers have an average annual salary of $130,416.00. These individuals are responsible for creating and implementing marketing strategies to help their company reach its target audience. They may work in a variety of industries, including advertising, public relations, and digital marketing.

Sales Managers have an average annual salary of $144,310.40. In this role, individuals are responsible for managing a team of sales professionals and developing strategies to achieve sales goals. They may work in industries such as retail, real estate, or manufacturing.

In conclusion, there are several high-paying occupations in Missouri, including Management Occupations, Chief Executives, General and Operations Managers, Marketing Managers, and Sales Managers. While salaries may be lower compared to other states, the cost of living in Missouri is also lower, which can help individuals achieve a higher standard of living.

This content was created by www.priceofyou.com/cost-of-living. Our team derives unique insights by analyzing contemporary data from trusted sources such as the Bureau of Labor Statistics, Redfin, MIT Living Wage, among others. Should you choose to utilize this data, we kindly request that you provide a link back to our resource.