Cost of Living in Ray County, MO

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

Median Income

$69,779

Median Rent

$840/mo

Median Home

$169,200

Affordability

561

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$856
Property Tax$125
Insurance$56

Total Monthly$1,037
% of Income17.8%

Renting

Median Rent$840
Renter's Insurance$25

Total Monthly$865
% of Income14.4%

Living in Ray County, Missouri

Ray County has a median household income of $69,779 with housing costs that represent 17.8% of income for owners and 14.4% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 561 (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.