Cost of Living in Callaway County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Callaway County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Callaway County, Missouri
Callaway balances income and affordability
Callaway County's 14.0% rent-to-income ratio sits below the state average of 15.6% and reflects the region's second-highest household income at $72,645. At $850 monthly, rent remains manageable despite income still trailing the national average of $74,755.
Above-average income, solid affordability
Callaway County ranks third in this group for affordability with a 14.0% rent-to-income ratio, benefiting from above-average household income of $72,645. This combination places it among Missouri's more livable counties.
Middle ground between comfort and value
Callaway County's $850 rent and 14.0% ratio strike a balance: better than pricey Boone (18.2%) and Buchanan (17.9%), though not as cheap as Caldwell (12.1%). It offers strong household income ($72,645) second only to Boone County.
Solid earnings support housing costs
Callaway County households earn $72,645 annually, paying $850 monthly rent (14.0% of income) or $981 for ownership on median homes valued at $196,200. Both pathways remain affordable thanks to incomes above the county group average.
Callaway offers comfort and value
Relocating to Callaway County provides a sweet spot: above-average income potential ($72,645), a manageable 14.0% rent-to-income ratio, and reasonable home values at $196,200. It's an ideal choice if you want affordability without sacrificing earning potential.
Affordability Calculator
See how your income compares to housing costs in Callaway County
Rent Burden
14.0%
of gross income
Max Housing (28% Rule)
$1,695
per month
Owner Cost Burden
16.2%
of gross income
You can likely afford the median home in Callaway County
Median home value is $196,200. Estimated monthly cost: $1,566 vs. your max of $1,695.
Rent Affordability Guide
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.