Cost of Living in Cooper County, Missouri

$763/mo
Median Monthly Rent
$197,100
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$763/mo
1% below state average
Median Home Value
$197,100
30% below national
Rent-to-Income Ratio
25.0%
% 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 Cooper County Compares

Median monthly rent comparison

Cooper County$763/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$763/mo
Median Gross Rent
$197,100
Median Home Value
$843/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Cooper County, Missouri

Rents modest, income slightly lower

Cooper County renters spend 13.6% of their income on housing, comfortably below the national average and Missouri's state average of 15.6%. With median rent at $763 and household income at $67,548—somewhat below the national median of $74,755—the county balances lower costs with lower incomes effectively.

Top tier for affordability

Cooper County's 13.6% rent-to-income ratio places it among Missouri's most affordable counties, beating the state average by 2 percentage points. The median rent of $763 sits just under the state's $768 average, making this a consistently accessible housing market.

Competitive with regional peers

Cooper County's median rent of $763 and 13.6% ratio compete favorably against nearby Cole County ($804 rent, 13.2% ratio) and DeKalb County ($796, 13.8% ratio). While Cole edges slightly ahead on affordability, Cooper remains firmly in the region's top tier for accessible housing.

Housing claims 13.6% of earnings

Households in Cooper County earn a median of $67,548 annually and allocate roughly $763 monthly to rent or $843 for ownership costs, representing 13.6% of gross income. This ratio leaves families adequate resources for savings and other expenses.

Affordable living in rural Missouri

Cooper County offers an appealing combination of low housing costs and a below-average cost of living, making it an excellent choice for budget-conscious families and retirees. The 13.6% rent-to-income ratio ensures your housing expenses won't dominate your household budget.

Affordability Calculator

See how your income compares to housing costs in Cooper County

$

Rent Burden

13.6%

of gross income

Max Housing (28% Rule)

$1,576

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Cooper County

Median home value is $197,100. Estimated monthly cost: $1,574 vs. your max of $1,576.

Rent Affordability Guide

Your rent-to-income ratio13.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Cooper County, Missouri?
Cooper County, Missouri has a median monthly rent of $763/mo and a median home value of $197,100. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Cooper County?
The median gross rent in Cooper County is $763/mo. This is 1% below state average for Missouri.
Is Cooper County affordable?
Cooper County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Cooper County's rent compare to the state average?
Cooper County's median rent of $763/mo is 1% below state average of $768/mo for Missouri.
What is the median home value in Cooper County?
The median home value in Cooper County, Missouri is $197,100. This is 30% 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.