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Cost of Living in Lafayette County, MO

Population 33,115 · Census ACS 2020–2024 5-year estimates

Median rent$928
Median home value$216,500
Median household income$80,612

The median rent in Lafayette County, MO is $928/month, 10% lower than the Missouri median and 34% lower than the U.S. median. The median home value is $216,500, 35% lower than the national median. Households earn a median of $80,612 a year, 14% higher than the state median.

Affordability

Rent as a share of median income: 13.8%
Income needed for median rent (30% rule): $37,120/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,095/mo

Run your own numbers: mortgage calculator · hourly to salary

Lafayette County vs. Missouri vs. U.S.

Lafayette CountyMissouriU.S.
Median rent$928$1,033$1,413
Median home value$216,500$230,300$332,700
Median household income$80,612$70,702$80,734
Homeownership rate75.7%68.1%65.2%
Bachelor's degree or higher26.2%32.4%35.7%
Poverty rate9.3%12.6%12.5%
Unemployment rate3.0%4.0%5.2%
Work from home9.0%13.0%15.1%
Median age40.939.038.9

FAQ

What is the average rent in Lafayette County, MO?

The median gross rent in Lafayette County, MO is $928 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $37,120 a year in gross income.

Is Lafayette County, MO expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 2.7 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

Douglas County, MNRent $927 · Income $79,043McLeod County, MNRent $941 · Income $80,084Saline County, NERent $914 · Income $79,910Ogle County, ILRent $936 · Income $82,132Otoe County, NERent $914 · Income $82,188McPherson County, KSRent $916 · Income $78,851

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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