Cost of Living in Shannon County, MO

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

Median Income

$46,767

Median Rent

$556/mo

Median Home

$141,600

Affordability

477

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$716
Property Tax$54
Insurance$47

Total Monthly$817
% of Income21%

Renting

Median Rent$556
Renter's Insurance$25

Total Monthly$581
% of Income14.3%

Living in Shannon County, Missouri

Shannon County has a median household income of $46,767 with housing costs that represent 21% of income for owners and 14.3% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 477 (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.