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Cost of Living in Cole County, MO

Population 77,032 · Census ACS 2020–2024 5-year estimates

Median rent$834
Median home value$229,600
Median household income$74,876

The median rent in Cole County, MO is $834/month, 19% lower than the Missouri median and 41% lower than the U.S. median. The median home value is $229,600, 31% lower than the national median. Households earn a median of $74,876 a year, 6% higher than the state median.

Affordability

Rent as a share of median income: 13.4%
Income needed for median rent (30% rule): $33,360/yr
Home price-to-income ratio: 3.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,161/mo

Run your own numbers: mortgage calculator · hourly to salary

Cole County vs. Missouri vs. U.S.

Cole CountyMissouriU.S.
Median rent$834$1,033$1,413
Median home value$229,600$230,300$332,700
Median household income$74,876$70,702$80,734
Homeownership rate67.9%68.1%65.2%
Bachelor's degree or higher38.9%32.4%35.7%
Poverty rate9.0%12.6%12.5%
Unemployment rate2.9%4.0%5.2%
Work from home9.2%13.0%15.1%
Median age39.939.038.9

FAQ

What is the average rent in Cole County, MO?

The median gross rent in Cole County, MO is $834 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,360 a year in gross income.

Is Cole County, MO expensive to live in?

Rent there is 41% lower than the U.S. median, and the median home costs about 3.1 times the median household income.

Other counties in Missouri

St. Louis County, MORent $1,209 · Income $82,936Jackson County, MORent $1,197 · Income $68,577St. Charles County, MORent $1,370 · Income $104,692Greene County, MORent $989 · Income $61,479St. Louis city, MORent $997 · Income $56,160Clay County, MORent $1,243 · Income $88,468

Counties with a similar cost of living

Harrison County, INRent $836 · Income $74,475Dubois County, INRent $834 · Income $75,979Jo Daviess County, ILRent $825 · Income $73,993Madison County, TXRent $851 · Income $74,596Lafayette County, WIRent $830 · Income $76,462Tipton County, INRent $842 · Income $76,156

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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