Cost of Living in Bollinger County, Missouri

$677/mo
Median Monthly Rent
$142,400
Median Home Value

At a Glance

Median Monthly Rent
$677/mo
12% below state average
Median Home Value
$142,400
49% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bollinger County Compares

Median monthly rent comparison

Bollinger County$677/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$677/mo
Median Gross Rent
$142,400
Median Home Value
$653/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bollinger County ranks #1,167 of 3,144 counties for affordability (top 37%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bollinger County, Missouri

Bollinger's rent burden beats the nation

At 14.2%, Bollinger County's rent-to-income ratio sits comfortably below the national norm, meaning renters here spend less of their paycheck on housing than typical American households. The county's median rent of $677 monthly is substantially cheaper than what renters pay nationwide, even as household income lags the national average of $74,755.

Best affordability in Missouri

Bollinger County ranks among Missouri's most affordable counties, with a rent-to-income ratio of 14.2% compared to the state average of 15.6%. This advantage reflects both modest rent costs and a stable local income base of $57,286.

The affordable corner of southeast Missouri

Bollinger County undercuts neighbors like Buchanan (17.9% rent ratio) and Butler (18.7%) while matching nearby Caldwell's affordability sweet spot at 12.1%. Renters in Bollinger pay $677 monthly—well below the state average of $768—making it a standout value in the region.

How your dollar divides

The median household earns $57,286 annually, with renters spending $677 monthly (14.2% of income) and homeowners paying $653 monthly on mortgage costs. Median home values of $142,400 make ownership accessible for those building equity in a below-state-average market.

Consider Bollinger for value

If housing affordability tops your relocation list, Bollinger County delivers the lowest rent burden in this region at 14.2% of income. Compare this advantage against Boone County (18.2%) or Butler County (18.7%) before making your move to Missouri.

Cost of Living Advisory: Bollinger County

Affordability Verdict

Bollinger County is affordable for renters, with a median gross rent of $677/month representing approximately 14.2% of median household income. The rent burden (GRAPI) stands at 24.0%.

Rent vs. Own

Renters in Bollinger County pay $677/month on average, compared to $653/month for homeowners. This market favors buyers by about 4%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,080/year. For owner costs at the 28% rule, the required income is roughly $27,986/year. With a median household income of $57,286, most households can comfortably afford rent here. Notably, 24.0% of renter households in Bollinger County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Ozark County where rent averages $626/month, Bollinger County is approximately 8% more expensive.

Affordability Calculator

See how your income compares to housing costs in Bollinger County

$

Rent Burden

14.2%

of gross income

Max Housing (28% Rule)

$1,337

per month

Owner Cost Burden

13.7%

of gross income

You can likely afford the median home in Bollinger County

Median home value is $142,400. Estimated monthly cost: $1,137 vs. your max of $1,337.

Rent Affordability Guide

Your rent-to-income ratio14.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,286Needed: $27,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,286Needed: $27,986
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $57,286Needed: $33,140

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bollinger County, Missouri?
Bollinger County, Missouri has a median monthly rent of $677/mo and a median home value of $142,400. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Bollinger County?
The median gross rent in Bollinger County is $677/mo. This is 12% below state average for Missouri.
Is Bollinger County affordable?
Bollinger County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bollinger County's rent compare to the state average?
Bollinger County's median rent of $677/mo is 12% below state average of $768/mo for Missouri.
What is the median home value in Bollinger County?
The median home value in Bollinger County, Missouri is $142,400. This is 49% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Bollinger County, Missouri? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Bollinger County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.