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Farmers, Ranchers, and Other Agricultural Managers Salary in Missouri: Cost of Living Adjusted (2024)

What does a Farmers, Ranchers, and Other Agricultural Managers salary really buy you in Missouri?

Missouri is 8.9% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$76,280
Median annual (2024)
+9.8%
Real Purchasing Power
$83,732
COL-adjusted (RPP=91.1)

Missouri Cost of Living Index

Missouri's Regional Price Parity (RPP) is 91.1, meaning prices are 8.9% lower the national average. A Farmers, Ranchers, and Other Agricultural Managers earning $76,280 in Missouri has the equivalent purchasing power of $83,732 in an average-cost US state.

MO: 91.1
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Missouri's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $43,450 $47,694 +$4,244
25th Percentile (P25) $70,220 $77,080 +$6,860
Median (P50) $76,280 $83,732 +$7,452
75th Percentile (P75) $103,520 $113,633 +$10,113
90th Percentile (P90) $146,950 $161,306 +$14,356
Key Insight

A Farmers, Ranchers, and Other Agricultural Managers in Missouri earns $76,280 on paper, but low living costs mean your money goes 10% further — like earning $83,732 in an average-cost state. This makes Missouri one of the best value states for this occupation.

Best States for Farmers, Ranchers, and Other Agricultural Managers (After Cost of Living)

Where does Farmers, Ranchers, and Other Agricultural Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Iowa
$113,518
RPP 88.4
2. Maine
$103,174
RPP 100.8
3. Montana
$102,724
RPP 90.3
$101,950
RPP 92.3
$101,288
RPP 96.2
$95,804
RPP 112.5
7. Florida
$93,036
RPP 102.1
$89,925
RPP 93.4
$89,210
RPP 101.3
10. Kansas
$88,088
RPP 90.0

Missouri ranks #15 out of 28 states for Farmers, Ranchers, and Other Agricultural Managers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Farmers, Ranchers, and Other Agricultural Managers in Missouri after cost of living?

A Farmers, Ranchers, and Other Agricultural Managers in Missouri earns a median salary of $76,280 per year. After adjusting for Missouri's cost of living (RPP=91.1), the real purchasing power is $83,732 — a +9.8% difference.

Is Missouri expensive to live in?

Missouri's cost of living is 8.9% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Missouri is 91.1 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Farmers, Ranchers, and Other Agricultural Managers in Missouri: $76,280 x (100 / 91.1) = $83,732. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Farmers, Ranchers, and Other Agricultural Managers in Missouri financially?

From a purchasing power perspective, yes. A Farmers, Ranchers, and Other Agricultural Managers in Missouri enjoys 9.8% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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