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Cost of Living in Liberty, MO

Population 30,689 · Census ACS 2020–2024 5-year estimates

Median rent$1,160
Median home value$283,300
Median household income$88,542

The median rent in Liberty, MO is $1,160/month, 12% higher than the Missouri median and 18% lower than the U.S. median. The median home value is $283,300, 15% lower than the national median. Households earn a median of $88,542 a year, 25% higher than the state median.

Affordability

Rent as a share of median income: 15.7%
Income needed for median rent (30% rule): $46,400/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,433/mo

Run your own numbers: mortgage calculator · hourly to salary

Liberty vs. Missouri vs. U.S.

LibertyMissouriU.S.
Median rent$1,160$1,033$1,413
Median home value$283,300$230,300$332,700
Median household income$88,542$70,702$80,734
Homeownership rate73.0%68.1%65.2%
Bachelor's degree or higher39.6%32.4%35.7%
Poverty rate7.0%12.6%12.5%
Unemployment rate4.5%4.0%5.2%
Work from home15.9%13.0%15.1%
Median age37.839.038.9

FAQ

What is the average rent in Liberty, MO?

The median gross rent in Liberty, MO is $1,160 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $46,400 a year in gross income.

Is Liberty, MO expensive to live in?

Rent there is 18% 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

Brunswick, OHRent $1,157 · Income $90,663Ridgecrest, CARent $1,186 · Income $89,250North Augusta, SCRent $1,169 · Income $86,092South St. Paul, MNRent $1,199 · Income $87,994Westfield, MARent $1,117 · Income $87,753Mount Pleasant, WIRent $1,127 · Income $91,616

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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