Cost of Living in Miller County, Missouri
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Miller County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Miller County, Missouri
Miller's rent burden slightly above average
Miller County renters spend 15.8% of their income on rent, slightly above the comfortable 12-15% national range. While not dire, this means less cushion in household budgets compared to the national average.
Slightly pricier than Missouri average
Miller County's rent-to-income ratio of 15.8% trails the state average of 15.6% by just 0.2 percentage points, making it nearly middle-of-the-pack among Missouri counties. Housing costs here track closely with statewide affordability trends.
Middle ground in central Missouri
Miller's median rent of $724/month sits between more affordable Mercer ($548) and pricier Moniteau ($766). While $724 exceeds the state average of $768 by just a hair, Miller offers moderate costs for the region.
Miller's housing cost reality
With a median household income of $55,172, Miller County residents pay $724/month in rent or $717/month for mortgages on homes valued at $169,800. Housing absorbs roughly 16% of income for renters, leaving limited flexibility for other priorities.
Miller works for moderate budgets
If you seek moderate housing costs with home values near $170,000, Miller County offers a balanced option between affordability and property investment. The region's relatively stable rent-to-income ratio reflects predictable, manageable housing expenses.
Affordability Calculator
See how your income compares to housing costs in Miller County
Rent Burden
15.7%
of gross income
Max Housing (28% Rule)
$1,287
per month
Owner Cost Burden
15.6%
of gross income
The median home in Miller County may be a stretch
Median home value is $169,800. Estimated monthly cost: $1,356 vs. your max of $1,287.
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.