Cost of Living in Bollinger County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Bollinger County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Bollinger County ranks #1,167 of 3,144 counties for affordability (top 37%)
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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