Cost of Living in Cedar County, Missouri

$783/mo
Median Monthly Rent
$162,500
Median Home Value

At a Glance

Median Monthly Rent
$783/mo
2% above state average
Median Home Value
$162,500
42% below national
Rent-to-Income Ratio
27.0%
% 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 Cedar County Compares

Median monthly rent comparison

Cedar County$783/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$783/mo
Median Gross Rent
$162,500
Median Home Value
$703/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Cedar County ranks #2,054 of 3,144 counties for affordability (bottom 35%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Cedar County, Missouri

Cedar faces severe affordability crisis

Cedar County's 20.6% rent-to-income ratio ranks among the nation's worst, far exceeding the national average near 16%. With a median household income of just $45,577 against the national median of $74,755, Cedar residents earn roughly 39% less while devoting more than one-fifth of income to rent alone.

Missouri's most unaffordable county housing

Cedar County's 20.6% rent-to-income ratio significantly exceeds Missouri's 15.6% state average, making it one of the state's most strained housing markets. This gap reveals the county's acute mismatch between wages and housing costs, positioning Cedar in a critical affordability zone.

Worst burden in rural Missouri cluster

Cedar County's renters face the heaviest burden among its rural peers: 20.6% versus Carter's 17.6%, Chariton's 10.2%, and Clark's 13.7%. At $783 monthly, Cedar's rent actually sits near the state average, but low incomes transform modest costs into an unaffordable crisis.

Majority of income consumed by housing

Cedar County's median household income of $45,577 means $783 monthly rent claims 20.6% of earnings, while mortgage payments reach $703. This leaves families with under $3,000 monthly for food, transportation, utilities, and healthcare—a precarious situation by any standard.

Cedar demands extraordinary caution

Cedar County housing is only viable for those with household incomes exceeding $50,000 and secure employment; the county's limited job market amplifies already-severe affordability stress. Relocate to Cedar only after confirming stable, well-paying work—low rent masks a deeper economic challenge.

Cost of Living Advisory: Cedar County

Affordability Verdict

Cedar County is affordable for renters, with a median gross rent of $783/month representing approximately 20.6% of median household income. The rent burden (GRAPI) stands at 27.0%.

Rent vs. Own

Renters in Cedar County pay $783/month on average, compared to $703/month for homeowners. This market favors buyers by about 10%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,320/year. For owner costs at the 28% rule, the required income is roughly $30,129/year. With a median household income of $45,577, most households can comfortably afford rent here. Notably, 27.0% of renter households in Cedar County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Cedar County sits 7% more expensive than Daviess County ($731/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Cedar County

$

Rent Burden

20.6%

of gross income

Max Housing (28% Rule)

$1,063

per month

Owner Cost Burden

18.5%

of gross income

The median home in Cedar County may be a stretch

Median home value is $162,500. Estimated monthly cost: $1,297 vs. your max of $1,063.

Rent Affordability Guide

Your rent-to-income ratio20.6%
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: $45,577Needed: $31,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $45,577Needed: $30,129
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $45,577Needed: $37,818

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 Cedar County, Missouri?
Cedar County, Missouri has a median monthly rent of $783/mo and a median home value of $162,500. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Cedar County?
The median gross rent in Cedar County is $783/mo. This is 2% above state average for Missouri.
Is Cedar County affordable?
Cedar County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Cedar County's rent compare to the state average?
Cedar County's median rent of $783/mo is 2% above state average of $768/mo for Missouri.
What is the median home value in Cedar County?
The median home value in Cedar County, Missouri is $162,500. This is 42% below the national median home value of $281,900.

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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.

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