Cost of Living in Buchanan County, Missouri

$889/mo
Median Monthly Rent
$156,600
Median Home Value
16% above state averageUnaffordable

At a Glance

Median Monthly Rent
$889/mo
16% above state average
Median Home Value
$156,600
44% below national
Rent-to-Income Ratio
30.0%
% 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 Buchanan County Compares

Median monthly rent comparison

Buchanan County$889/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$889/mo
Median Gross Rent
$156,600
Median Home Value
$890/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Buchanan County, Missouri

Buchanan residents stretch to afford rent

At 17.9%, Buchanan County's rent-to-income ratio exceeds the national average and Missouri's 15.6% state norm. Median rent of $889 monthly eats into household income of $59,423, creating affordability headwinds for renters.

Second-worst affordability in Missouri

Buchanan County ranks second-worst in this group with a 17.9% rent-to-income ratio, trailing only Boone County's college-town spike. The median rent of $889 runs $121 above the state average, squeezing renters with below-average income.

Costlier than nearby Callaway

Buchanan County renters pay $889 monthly (17.9% of income) compared to Callaway's more manageable $850 (14.0%), despite similar household incomes. The $111 annual rent premium adds up—and so does the affordability gap versus Caldwell County at just 12.1%.

Split down the middle

Buchanan County households earn $59,423 annually, with renters paying $889 monthly (17.9%) and homeowners facing $890 in monthly costs on median homes worth $156,600. Owner and renter burdens are nearly identical, indicating steady—if constrained—affordability across tenure types.

Buchanan works if you prioritize location

If you're relocating to Buchanan County, budget for the second-highest housing costs in this region at 17.9% of income. Nearby Callaway and Caldwell offer significantly better affordability for similar employment and quality of life.

Affordability Calculator

See how your income compares to housing costs in Buchanan County

$

Rent Burden

18.0%

of gross income

Max Housing (28% Rule)

$1,387

per month

Owner Cost Burden

18.0%

of gross income

You can likely afford the median home in Buchanan County

Median home value is $156,600. Estimated monthly cost: $1,250 vs. your max of $1,387.

Rent Affordability Guide

Your rent-to-income ratio18.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Buchanan County, Missouri?
Buchanan County, Missouri has a median monthly rent of $889/mo and a median home value of $156,600. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Buchanan County?
The median gross rent in Buchanan County is $889/mo. This is 16% above state average for Missouri.
Is Buchanan County affordable?
Buchanan County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Buchanan County's rent compare to the state average?
Buchanan County's median rent of $889/mo is 16% above state average of $768/mo for Missouri.
What is the median home value in Buchanan County?
The median home value in Buchanan County, Missouri is $156,600. This is 44% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.