Cost of Living in Mississippi County, Missouri

$782/mo
Median Monthly Rent
$100,300
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$782/mo
2% above state average
Median Home Value
$100,300
64% below national
Rent-to-Income Ratio
30.0%
% 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 Mississippi County Compares

Median monthly rent comparison

Mississippi County$782/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$782/mo
Median Gross Rent
$100,300
Median Home Value
$567/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Mississippi County, Missouri

Mississippi faces serious rent burden

Mississippi County renters spend 20.3% of their income on rent—far exceeding the comfortable 12-15% national range. This leaves households with less money for food, transportation, healthcare, and savings.

Worst affordability in Missouri

With a rent-to-income ratio of 20.3%, Mississippi County ranks among Missouri's least affordable regions, dramatically worse than the state average of 15.6%. The 4.7-percentage-point gap reflects a significant affordability crisis for renters.

High rents, low incomes compound

Mississippi's median rent of $782/month exceeds the state average of $768, while the county's median income of $46,258 is the lowest among surrounding counties. This combination creates the region's affordability squeeze.

Mississippi's tight housing squeeze

Mississippi County residents earn just $46,258 annually but pay $782/month in rent or $567/month for mortgages on homes valued at $100,300. For renters, housing alone consumes one-fifth of gross income, leaving minimal budget for other essentials.

Mississippi challenges budget-conscious movers

If you're relocating to Mississippi County, plan carefully: the 20.3% rent-to-income ratio means housing is less affordable here than in neighboring counties. Consider nearby Mercer or Monroe if rental affordability is your priority.

Affordability Calculator

See how your income compares to housing costs in Mississippi County

$

Rent Burden

20.3%

of gross income

Max Housing (28% Rule)

$1,079

per month

Owner Cost Burden

14.7%

of gross income

You can likely afford the median home in Mississippi County

Median home value is $100,300. Estimated monthly cost: $801 vs. your max of $1,079.

Rent Affordability Guide

Your rent-to-income ratio20.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Mississippi County, Missouri?
Mississippi County, Missouri has a median monthly rent of $782/mo and a median home value of $100,300. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Mississippi County?
The median gross rent in Mississippi County is $782/mo. This is 2% above state average for Missouri.
Is Mississippi County affordable?
Mississippi County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Mississippi County's rent compare to the state average?
Mississippi County's median rent of $782/mo is 2% above state average of $768/mo for Missouri.
What is the median home value in Mississippi County?
The median home value in Mississippi County, Missouri is $100,300. This is 64% 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.