Cost of Living in Dallas County, Missouri

$685/mo
Median Monthly Rent
$151,200
Median Home Value
11% below state averageUnaffordable

At a Glance

Median Monthly Rent
$685/mo
11% below state average
Median Home Value
$151,200
46% below national
Rent-to-Income Ratio
28.0%
% 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 Dallas County Compares

Median monthly rent comparison

Dallas County$685/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$685/mo
Median Gross Rent
$151,200
Median Home Value
$656/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Dallas County, Missouri

Lower income, balanced rent burden

Dallas County's median household income of $53,177 falls well below the national average of $74,755, yet renters spend just 15.5% on housing—nearly matching national norms. The median rent of $685 is among the lowest studied, but the county's income challenges make every housing dollar count more.

Below-average income and rent

Dallas County's 15.5% rent-to-income ratio performs near the Missouri average of 15.6%, while its median rent of $685 ranks among the state's most affordable. However, the median household income of $53,177 is significantly below Missouri norms, indicating a rural economy with limited higher-wage opportunities.

Low rents, but tight budgets

Dallas County's median rent of $685 ranks second-lowest among the eight counties studied, beaten only by Dade County's $650. Yet with a median income of $53,177—higher only than Dade's—the 15.5% ratio reflects a county where affordable housing masks underlying income constraints.

15.5% of income toward housing

Dallas County households earn a median of $53,177 annually and spend approximately $685 monthly on rent or $656 for ownership, consuming 15.5% of gross income. The low median home value of $151,200 means ownership costs remain modest but employment-dependent.

Attractive for retirees and remote workers

Dallas County's low rents and overall cost of living make it appealing for retirees on fixed incomes or remote workers with stable outside income. However, local employment opportunities are limited; relocate here only if your income source is secure and location-independent.

Affordability Calculator

See how your income compares to housing costs in Dallas County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$1,241

per month

Owner Cost Burden

14.8%

of gross income

You can likely afford the median home in Dallas County

Median home value is $151,200. Estimated monthly cost: $1,207 vs. your max of $1,241.

Rent Affordability Guide

Your rent-to-income ratio15.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Dallas County, Missouri?
Dallas County, Missouri has a median monthly rent of $685/mo and a median home value of $151,200. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Dallas County?
The median gross rent in Dallas County is $685/mo. This is 11% below state average for Missouri.
Is Dallas County affordable?
Dallas County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Dallas County's rent compare to the state average?
Dallas County's median rent of $685/mo is 11% below state average of $768/mo for Missouri.
What is the median home value in Dallas County?
The median home value in Dallas County, Missouri is $151,200. This is 46% 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.