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Cost of Living in Platte County, MO

Population 110,371 · Census ACS 2020–2024 5-year estimates

Median rent$1,334
Median home value$345,100
Median household income$96,227

The median rent in Platte County, MO is $1,334/month, 29% higher than the Missouri median and 6% lower than the U.S. median. The median home value is $345,100, 4% higher than the national median. Households earn a median of $96,227 a year, 36% higher than the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $53,360/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,745/mo

Run your own numbers: mortgage calculator · hourly to salary

Platte County vs. Missouri vs. U.S.

Platte CountyMissouriU.S.
Median rent$1,334$1,033$1,413
Median home value$345,100$230,300$332,700
Median household income$96,227$70,702$80,734
Homeownership rate67.4%68.1%65.2%
Bachelor's degree or higher46.5%32.4%35.7%
Poverty rate7.0%12.6%12.5%
Unemployment rate2.7%4.0%5.2%
Work from home19.2%13.0%15.1%
Median age39.139.038.9

FAQ

What is the average rent in Platte County, MO?

The median gross rent in Platte County, MO is $1,334 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $53,360 a year in gross income.

Is Platte County, MO expensive to live in?

Rent there is 6% lower than the U.S. median, and the median home costs about 3.6 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

Kent County, RIRent $1,327 · Income $94,345Merrimack County, NHRent $1,360 · Income $97,004Isle of Wight County, VARent $1,359 · Income $95,241Olmsted County, MNRent $1,370 · Income $95,406Blaine County, IDRent $1,338 · Income $92,566Oakland County, MIRent $1,376 · Income $97,760

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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