CostIndexUSA

Olympia, WA vs Springfield, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WA
Olympia
103.7
overall index
$2,025/mo rent
More AffordableMO
Springfield
88.6
overall index
$1,275/mo rent

Springfield is moderately cheaper than Olympia — 14.6% lower overall cost of living.

To match an $80,000 salary in Olympia, you would need $68,400 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing43.8%
Olympia
116.7
Springfield
65.6
🛒 Groceries10.3%
Olympia
105
Springfield
94.2
🚗 Transportation6.4%
Olympia
104.4
Springfield
97.7
🏥 Healthcare6.5%
Olympia
94.5
Springfield
88.4
Utilities6.4%
Olympia
91.7
Springfield
85.8

Salary Equivalency Calculator

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

$
Equivalent salary in Springfield, MO
$68,400
$11,600 less needed in Springfield

Formula: salary × (88.6 ÷ 103.7) = salary × 0.8544. Based on BEA Regional Price Parities.

Housing Market

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Springfield, MO

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

Olympia has 43.8% lower housing costs compared to Springfield.

Income & Job Market

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

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).

Olympia, WA
3.8×income-to-rent ratio

74% 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.