Cost of Living in Cape Girardeau
Cape Girardeau's cost of living runs genuinely affordable, anchored by below-average housing costs and a favorable effective property-tax rate.
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Learn moreGenuinely affordable housing
Cape Girardeau's average home value ran approximately $220,162 per Zillow, up a real, modest 4.2% year-over-year -- comfortably below national and Missouri statewide figures.
A favorable property-tax rate
Cape Girardeau County's 0.71% average effective property tax rate runs genuinely below Missouri's own statewide average (0.88%-0.97%) -- a real, disclosed advantage.
A modestly elevated local sales tax
Cape Girardeau's combined sales tax rate ran approximately 9.475%, somewhat above Missouri's own 8.44% statewide combined average -- a real, disclosed tradeoff against the favorable property-tax picture.
Key takeaways
- Cape Girardeau's housing costs run genuinely affordable, well below national and Missouri figures.
- The 0.71% effective property tax rate runs below Missouri's own statewide average.
- The combined local sales tax rate (~9.475%) runs modestly above the Missouri statewide average.
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