Cost of Living in Perry County, Missouri

$923/mo
Median Monthly Rent
$189,400
Median Home Value

At a Glance

Median Monthly Rent
$923/mo
20% above state average
Median Home Value
$189,400
33% below national
Rent-to-Income Ratio
32.0%
% 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 Perry County Compares

Median monthly rent comparison

Perry County$923/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$923/mo
Median Gross Rent
$189,400
Median Home Value
$847/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Perry County ranks #1,881 of 3,144 counties for affordability (bottom 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Perry County, Missouri

Perry County: Above-Average Housing Burden

Perry County's 17.5% rent-to-income ratio exceeds the national baseline, as renters dedicate more than one-sixth of their $63,356 median income to housing each month. The county's $923 median rent—the region's highest—creates affordability pressure despite earning power near the national average.

Higher Costs in a Mid-Tier Income County

Perry County's 17.5% rent-to-income ratio exceeds Missouri's 15.6% state average, and its median rent of $923 significantly outpaces the state average of $768. The county represents a higher-cost housing market within Missouri, requiring stronger incomes to maintain affordability.

Highest Rent Without Highest Income

Perry County's $923 rent is the region's highest, yet its $63,356 median income ranks fourth among eight counties and trails Osage County by $12,000. This rent-to-income mismatch explains why Perry residents face greater affordability strain than peers in lower-cost markets.

Perry's Housing Costs Hit the Hardest

Renters pay $923 monthly—17.5% of the $63,356 median income—while homeowners spend $847, consuming 16% of household earnings. Perry County renters spend significantly more in absolute dollars than peers in other counties, narrowing financial flexibility.

Perry County Suits Higher-Income Relocators

Perry County works best for households relocating with incomes substantially exceeding the $63,356 county median, ideally $75,000+, which would reduce housing burden to manageable levels. If your prospective income matches or falls below the county average, consider lower-cost neighboring counties.

Cost of Living Advisory: Perry County

Affordability Verdict

Perry County is affordable for renters, with a median gross rent of $923/month representing approximately 17.5% of median household income. The rent burden (GRAPI) stands at 32.0%.

Rent vs. Own

The median rent in Perry County is $923/month, while owner costs run $847/month. Owning saves approximately $76/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,920/year. For owner costs at the 28% rule, the required income is roughly $36,300/year. With a median household income of $63,356, most households can comfortably afford rent here. Notably, 32.0% of renter households in Perry County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Missouri, Perry County is less affordable than St. Louis city by roughly 6% ($923/mo vs $978/mo).

Affordability Calculator

See how your income compares to housing costs in Perry County

$

Rent Burden

17.5%

of gross income

Max Housing (28% Rule)

$1,478

per month

Owner Cost Burden

16.0%

of gross income

The median home in Perry County may be a stretch

Median home value is $189,400. Estimated monthly cost: $1,512 vs. your max of $1,478.

Rent Affordability Guide

Your rent-to-income ratio17.5%
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: $63,356Needed: $36,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,356Needed: $36,300
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,356Needed: $44,079

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 Perry County, Missouri?
Perry County, Missouri has a median monthly rent of $923/mo and a median home value of $189,400. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Perry County?
The median gross rent in Perry County is $923/mo. This is 20% above state average for Missouri.
Is Perry County affordable?
Perry County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Perry County's rent compare to the state average?
Perry County's median rent of $923/mo is 20% above state average of $768/mo for Missouri.
What is the median home value in Perry County?
The median home value in Perry County, Missouri is $189,400. This is 33% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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