Cost of Living in Branson, MO

Updated November 2026 · Taney County · Branson, MO micropolitan area · population 12,817

Local cost index (CostLiving estimate)
87.8
Much cheaper than the US average
BEA index for nonmetropolitan Missouri: 83.9 state nonmetro figure
Monthly budget
$2,352
single adult · $4,640 family of 4
Modelled estimate, before taxes
Median rent
$961
per month, gross rent · US $1,413
Median home value
$251,000
US $332,700 · Moderate

Prices in Branson are 12.2% below the US average (local index 87.8; the BEA index for nonmetropolitan Missouri is 83.9), with local housing the biggest saving at 62.4; a single adult's modelled budget is about $2,352 a month and the median rent is $961.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Branson's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for nonmetropolitan Missouri, unchanged.

Branson price index by category, US average = 100: All items 87.8, Housing (rents) 62.4, Goods 94.2, Utilities 85.4, Other services 93.1

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 12th most expensive of the 15 Missouri cities in our data. Cheaper than 98% of the cities we cover.

Official BEA Regional Price Parities for nonmetropolitan Missouri. 2024: goods 94.2, housing 50.3, utilities 85.4, other services 93.1.
BEA index201920202021202220232024
All items86.484.784.483.083.383.9

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Branson, MO

CategoryPer monthPer yearShare
Housing (rent) $799 $9,588 34%
Utilities $235 $2,820 10%
Food at home $266 $3,192 11%
Transportation $568 $6,816 24%
Health care $327 $3,924 14%
Clothing, personal care & supplies $157 $1,884 7%
Total$2,352$28,224100%

2 adults · 2-bedroom · modelled estimate for Branson, MO

CategoryPer monthPer yearShare
Housing (rent) $827 $9,924 22%
Utilities $372 $4,464 10%
Food at home $490 $5,880 13%
Transportation $1,124 $13,488 30%
Health care $606 $7,272 16%
Clothing, personal care & supplies $309 $3,708 8%
Total$3,728$44,736100%

2 adults + 2 children · 3-bedroom · modelled estimate for Branson, MO

CategoryPer monthPer yearShare
Housing (rent) $1,026 $12,312 22%
Utilities $453 $5,436 10%
Food at home $699 $8,388 15%
Transportation $1,498 $17,976 32%
Health care $565 $6,780 12%
Clothing, personal care & supplies $399 $4,788 9%
Total$4,640$55,680100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Branson

Rent by number of bedrooms

SizeMedian rent
Studio $811
1 bedroom $915
2 bedrooms $947
3 bedrooms $1,175
4 bedrooms $1,331 modelled from city median rent

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$961
Median contract rent (excl. utilities)$839
Median home value$251,000
Owner costs with a mortgage$1,418/mo
Median household income$51,978
Rent as % of renter income Moderate25.5%
Home value ÷ household income Moderate4.8×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Missouri

16.02¢ per kWh, August 2026

12-month change: +4.6% (from 15.32¢) · US 18.16¢

Aug 2025: 15.32¢/kWh Sep 2025: 15.62¢/kWh Oct 2025: 12.79¢/kWh Nov 2025: 12.95¢/kWh Dec 2025: 11.76¢/kWh Jan 2026: 11.80¢/kWh Feb 2026: 12.17¢/kWh Mar 2026: 13.44¢/kWh Apr 2026: 14.01¢/kWh May 2026: 13.68¢/kWh Jun 2026: 16.22¢/kWh Jul 2026: 16.09¢/kWh Aug 2026: 16.02¢/kWh

Average household uses 1,039 kWh a month in Missouri ≈ $145/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Midwest (PADD 2)

$4.10 per gallon, week of 2026-11-02

12-month change: +45.0% (from $2.83) · US $4.15

2026-05-11: $4.405/gal 2026-05-18: $4.399/gal 2026-05-25: $4.352/gal 2026-06-01: $4.135/gal 2026-06-08: $3.945/gal 2026-06-15: $3.861/gal 2026-06-22: $3.723/gal 2026-06-29: $3.625/gal 2026-07-06: $3.531/gal 2026-07-13: $3.662/gal 2026-07-20: $3.780/gal 2026-07-27: $3.882/gal 2026-08-03: $3.929/gal 2026-08-10: $3.816/gal 2026-08-17: $3.938/gal 2026-08-24: $3.934/gal 2026-08-31: $3.847/gal 2026-09-07: $3.894/gal 2026-09-14: $4.091/gal 2026-09-21: $4.386/gal 2026-09-28: $4.291/gal 2026-10-05: $4.109/gal 2026-10-12: $4.145/gal 2026-10-19: $4.145/gal 2026-10-26: $4.269/gal 2026-11-02: $4.102/gal

EIA weekly retail price survey; Missouri is covered by the Midwest (PADD 2) average.

Inflation in the Midwest

Consumer prices in the Midwest Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Branson are 12.2% below the US average, $60,000 here has the buying power of about $68,300 in an average-priced US area.

Same buying power in an average-priced US area$68,300
Needed in Branson to match $60,000 in an average-priced US area$52,700

Formula: US-equivalent = salary × 100 ÷ 87.8. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Springfield, MO39 mi88.3 $2,216$964
Rogers, AR52 mi92.0 $2,424$1,270
Bentonville, AR55 mi92.9 $2,464$1,344
Springdale, AR56 mi89.7 $2,167$1,071
Fayetteville, AR62 mi89.6 $2,246$1,065
Joplin, MO74 mi86.5 $2,055$962

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Bossier City, LA87.9 $2,225$1,107
Guntersville, AL87.9 $2,131$842
Lawton, OK87.9 $2,096$967
Dothan, AL87.9 $2,101$960
Youngstown, OH88.0 $1,999$728
Grand Island, NE88.0 $2,169$947

Compare Branson with another city

Frequently asked questions

Is Branson, MO an expensive place to live?

Branson has a local cost of living index of 87.8, which is 12.2% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for nonmetropolitan Missouri (83.9) and adjusts housing to Branson's own rents. It is 3.0 points below the Missouri average. It is the 12th most expensive of the 15 Missouri cities in our data. Cheaper than 98% of the cities we cover.

How much money do you need to live in Branson?

Our modelled estimate of basic monthly costs is $2,352 for a single adult, $3,728 for a couple and $4,640 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $52,700 in Branson.

What is the average rent in Branson?

The median gross rent (rent plus tenant-paid utilities) is $961 a month (Census ACS 2020-2024). By size: 1 bedroom $915, 2 bedrooms $947, 3 bedrooms $1,175. The typical renter spends 25.5% of household income on rent (moderate).

How much does a house cost in Branson?

The median owner-estimated home value is $251,000, 4.8 times the median household income of $51,978 (moderate). Owners with a mortgage pay a median $1,418 a month in housing costs.

How much is electricity and gas in Branson?

Missouri residential electricity averaged 16.02¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Midwest (PADD 2) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources