Cost of living in Fayette, Missouri
Simple answer
Typical rent is $947 a month.
Fayette is a city in Missouri. That rent number includes utilities. A typical household earns $57,679 a year.
- People
- 2,801
- Census average, 2020–2024
- Typical rent
- $947
- Median gross rent, includes utilities
- Typical pay
- $57,679
- Median household income, yearly
- Typical home
- $146,700
- Median home value
- 2-bedroom fair rent
- $990
- Howard County, MO HUD Metro FMR Area
Fayette, Missouri has about 2,801 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $146,700.
HUD's fair-market rent for a 2-bedroom in Howard County is $990 a month. That is the county number, not an apartment listing in Fayette. It runs from October 2026 through September 2027.
In the Columbia, MO metro area, prices sit at 89.4 when the U.S. average is 100. That is a 2024 BEA index.
Missouri taxes wages. A typical combined sales tax is 8.4% as of January 1, 2026. That mix is statewide, not Fayette's exact store tax.
Some places in Missouri add a local wage tax. In 2023 the state average was about 0.18% of income. That is not a Fayette bill.
In July 2026, a typical Missouri home paid 16.09¢ per kilowatt-hour. That is a state average from EIA, not Fayette's bill.
EIA did not publish a 2025 all-grades gas price for Missouri in the table we use.
Among 350 places we list in Missouri with a rent figure, 161 have higher typical rent than Fayette.
Nearby places
- New Franklin
Typical rent $679
Compare with Fayette - Glasgow
Typical rent $446
Compare with Fayette - Boonville
Typical rent $767
Compare with Fayette - Salisbury
Typical rent $721
Compare with Fayette - Slater
Typical rent $545
Compare with Fayette - Huntsville
Typical rent $729
Compare with Fayette - Moberly
Typical rent $774
Compare with Fayette - Columbia
Typical rent $1,097
Compare with Fayette
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Missouri
Bigger places in Missouri
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.