Cost of Living in Montgomery County, MO

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

Median Income

$58,660

Median Rent

$769/mo

Median Home

$162,200

Affordability

499

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$820
Property Tax$105
Insurance$54

Total Monthly$979
% of Income20%

Renting

Median Rent$769
Renter's Insurance$25

Total Monthly$794
% of Income15.7%

Living in Montgomery County, Missouri

Montgomery County has a median household income of $58,660 with housing costs that represent 20% of income for owners and 15.7% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 499 (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.