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Cost of Living in Joplin, MO

Population 52,593 · Census ACS 2020–2024 5-year estimates

Median rent$962
Median home value$168,300
Median household income$52,097

The median rent in Joplin, MO is $962/month, 7% lower than the Missouri median and 32% lower than the U.S. median. The median home value is $168,300, 49% lower than the national median. Households earn a median of $52,097 a year, 26% lower than the state median.

Affordability

Rent as a share of median income: 22.2%
Income needed for median rent (30% rule): $38,480/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $851/mo

Run your own numbers: mortgage calculator · hourly to salary

Joplin vs. Missouri vs. U.S.

JoplinMissouriU.S.
Median rent$962$1,033$1,413
Median home value$168,300$230,300$332,700
Median household income$52,097$70,702$80,734
Homeownership rate53.4%68.1%65.2%
Bachelor's degree or higher26.7%32.4%35.7%
Poverty rate16.9%12.6%12.5%
Unemployment rate5.3%4.0%5.2%
Work from home10.0%13.0%15.1%
Median age38.539.038.9

FAQ

What is the average rent in Joplin, MO?

The median gross rent in Joplin, MO is $962 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Joplin, MO?

Using the common 30% rule, renting a median-priced home takes about $38,480 a year in gross income.

Is Joplin, MO expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 3.2 times the median household income.

Other cities in Missouri

Kansas City, MORent $1,238 · Income $69,166St. Louis, MORent $997 · Income $56,160Springfield, MORent $964 · Income $49,311Columbia, MORent $1,097 · Income $66,498Independence, MORent $1,109 · Income $60,339Lee's Summit, MORent $1,422 · Income $102,531

Cities with a similar cost of living

Watertown, NYRent $967 · Income $51,753Wilson, NCRent $971 · Income $52,485Utica, NYRent $951 · Income $52,484Michigan City, INRent $967 · Income $53,089Frankfort, KYRent $944 · Income $53,073Evansville, INRent $975 · Income $53,387

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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