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College Costs in Palmyra, MO 2026

Compare tuition, housing, and financial aid across 2 colleges in Palmyra, Missouri. Use our free calculator to estimate your total cost.

Avg Public Tuition

$10,200

per year

Avg Private Tuition

$30,000

per year

Avg Rent Near Campus

$593

per month

Colleges & Universities

2

institutions

Palmyra Overview

Population

23,151

Student Population

1,772 (7.7%)

Cost of Living Index

93.3 (avg: 100)

Walk Score

33/100

Transit Score

22/100

Unemployment Rate

3.4%

College Cost Calculator for Palmyra

Cost Inputs

Total Cost (4 Years, Public In-State)

$96,080

Total After Financial Aid

$96,080

Annual Cost

$24,020

Annual After Aid

$24,020

Cost Breakdown (4 Years)

Tuition$40,800
Room & Board$55,280

If Financed (10-Year Loan at 6.5%)

Loan Amount$96,080
Monthly Payment$1,091
Total Interest$34,836
Total Loan Cost$130,916

Universities in Palmyra

UniversityTypeAnnual Tuition
Palmyra State UniversityPublic$9,294
Palmyra Community CollegeCommunity$5,250

Palmyra has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Palmyra vs. National Average

CategoryPalmyraNational AvgDifference
Public Tuition (In-State)$10,200$10,940-$740
Monthly Rent Near Campus$593$1,050-$457
Cost of Living Index93.3100-6.700000000000003

Palmyra's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Palmyra

33

Walk Score

Car-Dependent

22

Transit Score

Minimal Transit

7.7%

Student Population

1,772 students

Palmyra has a total population of 23,151, with approximately 1,772 college students (7.7% of the population). While not primarily a college town, Palmyra offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Palmyra

$34,889

Starting Salary

3.4%

Unemployment Rate

66%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Palmyra earn a median starting salary of $34,889, which is -$111 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $96,080 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $15,437 per student per year, the net cost and payback period can be significantly reduced.

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