CostBy County

Cost of Living in Mississippi County, Missouri

$762/mo
Median Monthly Rent
$109,000
Median Home Value

At a Glance

Median Monthly Rent
$762/mo
3% below state average
Median Home Value
$109,000
67% below national
Census GRAPI
28.5%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Mississippi County Compares

Median monthly rent comparison

Mississippi County$762/mo
Missouri Average$783/mo
National Median$1,413/mo

Detailed Housing Stats

$762/mo
Median Gross Rent
$109,000
Median Home Value
$530/mo
Monthly Owner Cost
28.5%
Census GRAPI

National Ranking

Affordability Rank

Mississippi County ranks #368 of 3,142 counties for affordability (top 12%)

Most AffordableLeast Affordable

Sourced county brief

Mississippi County Official Median GRAPI Calculated at 28.5 Percent

The official median gross rent as a percentage of household income (GRAPI) in Mississippi County is 28.5%, which is 2.6 percentage points above the Missouri unweighted county mean of 25.9%. Median gross rent was estimated at $762 per month, which is $21 below the state unweighted county mean of $783. For owner-occupied housing, the median home value is $109,000 and median selected monthly owner costs are $530. These values are lower than the state unweighted county means of $175,712 for home value and $803 for monthly owner costs. The median income for renter households is $28,958. This statistical snapshot is based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates including tables B25064, B25071, B25077, B25088, and B25119. Data version acs5-2020-2024 and methodologyVersion cost-brief-v1 were last reviewed at 2026-07-10. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Mississippi County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.5% of renter household income in Mississippi County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $762 per month; median selected monthly owner costs are $530. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,480 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Missouri unweighted mean of county median rents is $783 per month. Mississippi County's $762 median is 2.7% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Mississippi County

$

Rent Burden

19.0%

of gross income

Max Housing (28% Rule)

$1,124

per month

Owner Cost Burden

13.2%

of gross income

You can likely afford the median home in Mississippi County

Median home value is $109,000. Estimated monthly cost: $870 vs. your max of $1,124.

Rent Affordability Guide

Your entered rent as a share of entered income19.0%
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: $48,160Needed: $30,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,160Needed: $22,714
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,160Needed: $25,367

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 Mississippi County, Missouri?
Mississippi County, Missouri has a median monthly rent of $762/mo and a median home value of $109,000. The affordability rating is Affordable, with median gross rent equal to approximately 28.5% of renter household income.
What is the median rent in Mississippi County?
The median gross rent in Mississippi County is $762/mo. This is 3% below state average for Missouri.
Is Mississippi County affordable?
Mississippi County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.5%. Median gross rent is under 30% of renter household income.
How does Mississippi County's rent compare to the state average?
Mississippi County's median rent of $762/mo is 3% below state average of $783/mo for Missouri.
What is the median home value in Mississippi County?
The median home value in Mississippi County, Missouri is $109,000. This is 67% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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