Cost of Living in Sullivan County, Missouri

$692/mo
Median Monthly Rent
$103,300
Median Home Value

At a Glance

Median Monthly Rent
$692/mo
10% below state average
Median Home Value
$103,300
63% below national
Rent-to-Income Ratio
18.0%
% 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 Sullivan County Compares

Median monthly rent comparison

Sullivan County$692/mo
Missouri Average$768/mo
National Median$1,163/mo

Detailed Housing Stats

$692/mo
Median Gross Rent
$103,300
Median Home Value
$693/mo
Monthly Owner Cost
18.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Sullivan County ranks #414 of 3,144 counties for affordability (top 13%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Sullivan County, Missouri

Sullivan County beats national affordability odds

Sullivan County's 15.0% rent-to-income ratio sits comfortably below the national baseline, making it one of the more affordable rental markets relative to resident incomes. At just $692 per month, median rent aligns closely with state averages, while the $55,500 median household income reflects a rural, modest-wage economy.

Missouri's most affordable county for renters

Sullivan County leads Missouri in rental affordability, with a 15.0% rent-to-income ratio that beats the state average of 15.6% and its own rental cost of $692. This county punches above its weight for residents seeking low housing cost burdens.

Cheapest rents in the region

Sullivan County's $692 median rent significantly undercuts Stone County ($892) and Taney County ($925), making it the most affordable option for renters in this corner of Missouri. Even renters earning the county's modest $55,500 median income find relief here.

Rent and mortgages nearly equal here

Sullivan County renters pay $692 monthly while homeowners carry $693 in costs—nearly identical figures reflecting balanced affordability. At $55,500 median household income, housing consumes just 15.0% of gross income for renters and 15.0% for owners.

Rural affordability with trade-offs

Sullivan County offers the cheapest rents in the region at $692, ideal for cost-conscious renters, though median home values of just $103,300 suggest limited equity-building potential. Job availability and amenities may be scarcer than in wealthier, more urban counties.

Cost of Living Advisory: Sullivan County

Affordability Verdict

Sullivan County is affordable for renters, with a median gross rent of $692/month representing approximately 15.0% of median household income. The rent burden (GRAPI) stands at 18.0%.

Rent vs. Own

At $692/month rent versus $693/month in owner costs, renting is roughly $1/month cheaper — a 0% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,680/year. For owner costs at the 28% rule, the required income is roughly $29,700/year. With a median household income of $55,500, most households can comfortably afford rent here. Notably, 18.0% of renter households in Sullivan County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Sullivan County sits 7% less expensive than Livingston County ($747/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Sullivan County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,295

per month

Owner Cost Burden

15.0%

of gross income

You can likely afford the median home in Sullivan County

Median home value is $103,300. Estimated monthly cost: $825 vs. your max of $1,295.

Rent Affordability Guide

Your rent-to-income ratio15.0%
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: $55,500Needed: $27,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,500Needed: $29,700
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,500Needed: $24,041

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 Sullivan County, Missouri?
Sullivan County, Missouri has a median monthly rent of $692/mo and a median home value of $103,300. The affordability rating is Unaffordable, with rent making up approximately 18.0% of median household income.
What is the median rent in Sullivan County?
The median gross rent in Sullivan County is $692/mo. This is 10% below state average for Missouri.
Is Sullivan County affordable?
Sullivan County is rated Unaffordable based on rent-to-income ratio of 18.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sullivan County's rent compare to the state average?
Sullivan County's median rent of $692/mo is 10% below state average of $768/mo for Missouri.
What is the median home value in Sullivan County?
The median home value in Sullivan County, Missouri is $103,300. This is 63% 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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