Cost of Living in Caldwell County, Missouri

$628/mo
Median Monthly Rent
$156,700
Median Home Value

At a Glance

Median Monthly Rent
$628/mo
18% below state average
Median Home Value
$156,700
44% below national
Rent-to-Income Ratio
22.0%
% 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 Caldwell County Compares

Median monthly rent comparison

Caldwell County$628/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$628/mo
Median Gross Rent
$156,700
Median Home Value
$717/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Caldwell County ranks #279 of 3,144 counties for affordability (top 9%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Caldwell County, Missouri

Caldwell County: Missouri's affordability leader

Caldwell County's 12.1% rent-to-income ratio is the lowest in this entire group and well below both the national standard and Missouri's 15.6% average. At $628 monthly, the median rent is the cheapest here, making Caldwell an exceptional affordability standout.

Best rent-to-income ratio in sample

Caldwell County ranks first among these eight counties with a 12.1% rent-to-income ratio, beating the state average by 3.5 percentage points. This affordability advantage reflects both low rents and a stable household income of $62,520.

Unbeaten affordability in the region

Caldwell County's $628 rent and 12.1% ratio crush neighbors: Bollinger (14.2%), Callaway (14.0%), and Cape Girardeau (15.3%) all cost more. Caldwell delivers the region's best rent-to-income value by a clear margin.

Rent and ownership both reasonable

Caldwell County households earn $62,520 annually and allocate just 12.1% to rent ($628) or $717 for homeownership on median properties valued at $156,700. Both tenure paths remain affordable, with ownership costs slightly higher but still manageable.

Caldwell: the affordability winner

If housing affordability is your top priority, Caldwell County delivers: 12.1% rent-to-income, the lowest rent at $628, and reasonable home values at $156,700. This is Missouri's best value among comparable counties in this analysis.

Cost of Living Advisory: Caldwell County

Affordability Verdict

Housing in Caldwell County is affordable. The median rent is $628/month against a median household income of $62,520, putting rent at 12.1% of income.

Rent vs. Own

Renters in Caldwell County pay $628/month on average, compared to $717/month for homeowners. This market favors renters by about 12%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,120/year. For owner costs at the 28% rule, the required income is roughly $30,729/year. With a median household income of $62,520, most households can comfortably afford rent here. Notably, 22.0% of renter households in Caldwell County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Caldwell County sits 8% less expensive than Grundy County ($679/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Caldwell County

$

Rent Burden

12.1%

of gross income

Max Housing (28% Rule)

$1,459

per month

Owner Cost Burden

13.8%

of gross income

You can likely afford the median home in Caldwell County

Median home value is $156,700. Estimated monthly cost: $1,251 vs. your max of $1,459.

Rent Affordability Guide

Your rent-to-income ratio12.1%
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: $62,520Needed: $25,120
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,520Needed: $30,729
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,520Needed: $36,468

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 Caldwell County, Missouri?
Caldwell County, Missouri has a median monthly rent of $628/mo and a median home value of $156,700. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Caldwell County?
The median gross rent in Caldwell County is $628/mo. This is 18% below state average for Missouri.
Is Caldwell County affordable?
Caldwell County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Caldwell County's rent compare to the state average?
Caldwell County's median rent of $628/mo is 18% below state average of $768/mo for Missouri.
What is the median home value in Caldwell County?
The median home value in Caldwell County, Missouri is $156,700. This is 44% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

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

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Caldwell 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.