CostIndexUSA

Fort Worth, TX vs Springfield, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Fort Worth
103.1
overall index
$1,775/mo rent
More AffordableMO
Springfield
88.6
overall index
$1,275/mo rent

Springfield is moderately cheaper than Fort Worth — 14.1% lower overall cost of living.

To match an $80,000 salary in Fort Worth, you would need $68,800 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing44.4%
Fort Worth
117.9
Springfield
65.6
🛒 Groceries8.4%
Fort Worth
102.8
Springfield
94.2
🚗 Transportation6.7%
Fort Worth
104.7
Springfield
97.7
🏥 Healthcare6.7%
Fort Worth
94.7
Springfield
88.4
Utilities5.4%
Fort Worth
90.7
Springfield
85.8

Salary Equivalency Calculator

Enter your current salary in Fort Worth to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, MO
$68,800
$11,200 less needed in Springfield

Formula: salary × (88.6 ÷ 103.1) = salary × 0.8594. Based on BEA Regional Price Parities.

Housing Market

Fort Worth, TX

Median Home Price
$450,000
Median Monthly Rent
$1,775
Housing Index
117.9
Price-to-Rent Ratio
21.1×

Springfield, MO

Median Home Price
$260,000
Median Monthly Rent
$1,275
Housing Index
65.6
Price-to-Rent Ratio
17.0×

Fort Worth has 44.4% lower housing costs compared to Springfield.

Income & Job Market

Fort Worth, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
918,915
Top Industries
AerospaceManufacturingHealthcareLogisticsFinance

Springfield, MO

Median Household Income
$62,900
Per Capita Income
$35,900
Unemployment Rate
2.9%
Population
167,882
Top Industries
HealthcareEducationManufacturingRetailFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Fort Worth, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Springfield, MO
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.