Cost of Living in Monroe County, MO

What does it cost to live in Monroe County? Income, housing, and affordability breakdown.

Median Income

$50,245

Median Rent

$693/mo

Median Home

$136,600

Affordability

511

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$691
Property Tax$82
Insurance$46

Total Monthly$819
% of Income19.6%

Renting

Median Rent$693
Renter's Insurance$25

Total Monthly$718
% of Income16.6%

Living in Monroe County, Missouri

Monroe County has a median household income of $50,245 with housing costs that represent 19.6% of income for owners and 16.6% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 511 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Missouri

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.