Salary & Cost of Living in Cape Girardeau, MO
Cape Girardeau, MO: $41,709 median salary, cost of living index 81.3, $12.30/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$41,709
$20/hr
Cost of Living
81.3
US avg = 100
Minimum Wage
$12.30
per hour
Unemployment
2.7%
rate
Cape Girardeau, MO Overview
Population
40,100
Median Salary
$41,709
Average Salary
$46,714
Avg Commute
19 min
Median Home Price
$179,000
Median Rent
$736/mo
Job Growth
+2%
Sales Tax
4.225%
Cape Girardeau is located in Missouri with a population of 40,100. The median household salary is $41,709 per year ($20/hour), which is $17,675 below the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +2%.
Cape Girardeau Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Cape Girardeau, MO, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$33,116
$2,759.66/month · $1,273.69/biweekly · Effective Rate: 20.6%
Gross Pay
$41,709
Federal Tax
-$2,967
State Tax
-$2,065
Local Tax
-$371
FICA
-$3,191
Net Pay
$33,116
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,475.75 | $41,709.00 |
| Federal Income Tax | -$247.22 | -$2,966.58 |
| Missouri State Tax (4.95%) | -$172.05 | -$2,064.60 |
| Local Tax (0.89%) | -$30.93 | -$371.21 |
| Social Security (6.2%) | -$215.50 | -$2,585.96 |
| Medicare (1.45%) | -$50.40 | -$604.78 |
| Net Take-Home Pay | $2,759.66 | $33,115.88 |
Salary Comparison: Cape Girardeau vs Other Cities
See how Cape Girardeau's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Cape Girardeau, MO | $41,709 | 81.3 | $51,303 |
| National Average | $59,384 | 100 | $59,384 |
| Middletown, OH | $41,722 | 89.2 | $46,774 |
| Post Falls, ID | $41,621 | 91.9 | $45,289 |
| Metairie, LA | $41,597 | 89.4 | $46,529 |
| Fuquay-Varina, NC | $41,532 | 85.2 | $48,746 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Cape Girardeau
Cape Girardeau's cost of living index is 81.3 (national average = 100). Living in Cape Girardeau is 18.700000000000003% less expensive than the national average.
Median Home Price
$179,000
Median Monthly Rent
$736
Annual Rent Cost
$8,832
Your Salary's Purchasing Power
Your $33,116 annual take-home pay in Cape Girardeau has the purchasing power of approximately $40,733 in an average-cost US area. Your $41,709 salary stretches further here than in most US cities.
Top Industries in Cape Girardeau
Cape Girardeau's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $41,709.
Salary Tips for Cape Girardeau Workers
- Your salary goes further here. Cape Girardeau has a cost of living 18.700000000000003% below the national average. A salary of $41,709 here has the purchasing power of about $51,303 in an average-cost area.
- Research top industries. Cape Girardeau's top industries include Healthcare, Manufacturing, Agriculture. Targeting roles in these sectors can help you earn above the $41,709 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Cape Girardeau, MO?
The median salary in Cape Girardeau, MO is $41,709 per year, or $20 per hour. The average salary is $46,714. This is $17,675 below the national median of $59,384.
What is the cost of living in Cape Girardeau, MO?
Cape Girardeau's cost of living index is 81.3 (national average = 100), meaning it is 18.700000000000003% less expensive compared to the national average. The median home price is $179,000 and the median monthly rent is $736.
What are the best industries in Cape Girardeau?
The top industries in Cape Girardeau, MO include Healthcare, Manufacturing, Agriculture. The city has a job growth rate of 2% and an unemployment rate of 2.7%. Workers in these industries often earn above the city's median salary of $41,709.
How does Cape Girardeau's salary compare to other cities?
Cape Girardeau's median salary of $41,709 is 29.8% below the national median of $59,384. However, when adjusted for cost of living (index: 81.3), the real purchasing power is approximately $51,303.
What is the minimum wage in Cape Girardeau, MO?
The minimum wage in Cape Girardeau, MO is $12.30 per hour. This equals approximately $25,584 per year for a full-time worker (40 hours/week). This is $5.05 above the federal minimum wage of $7.25/hour.