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Cost & Benefits

Most affordable towns in Missouri, 2026

Marshfield is the most affordable ranked town in Missouri. The score uses rent, the regional price level, state and local taxes, and electricity. A lower score is more affordable.

Press-ready summary

141
Towns ranked in Missouri.
Marshfield
Number 1 in Missouri. Rent is 12.6% of income. National rank 288.
17.9%
Median rent share among ranked towns in Missouri.
0
Ranked Missouri towns in the national top 100.
Glasgow Village
Least affordable ranked town in Missouri. Rent is 49.9% of income. National rank 3624.

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Free to quote and reuse if you credit Cost & Benefits and link to this page. Please do not say a government agency made the ranking.

Cost & Benefits. "2026 Most Affordable Towns Index: Missouri." October 16, 2026. https://costandbenefits.com/reports/most-affordable-towns-2026/missouri

https://costandbenefits.com/reports/most-affordable-towns-2026/missouri

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Benefits and taxes in Missouri

Top 25

  1. #1 in Missouri · National #288

    Marshfield

    Rent share 12.6% · Price level 88.6 · Score 0.223

    Median rent is $710 a month and median income is $67,642, so rent is 12.6% of income, under the 17.9% median for ranked towns in Missouri. The Springfield, MO metro price level is 88.6 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  2. #2 in Missouri · National #296

    Neosho

    Rent share 15.4% · Price level 85.7 · Score 0.224

    Median rent is $745 a month and median income is $57,891, so rent is 15.4% of income, under the 17.9% median for ranked towns in Missouri. The Joplin, MO-KS metro price level is 85.7 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  3. #3 in Missouri · National #306

    Jackson

    Rent share 14.0% · Price level 86.1 · Score 0.227

    Median rent is $900 a month and median income is $77,105, so rent is 14.0% of income, under the 17.9% median for ranked towns in Missouri. The Cape Girardeau, MO-IL metro price level is 86.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  4. #4 in Missouri · National #324

    Macon

    Rent share 13.2% · Price level 90.8 · Score 0.229

    Median rent is $680 a month and median income is $61,642, so rent is 13.2% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is electricity price.

  5. #5 in Missouri · National #349

    Willard

    Rent share 14.0% · Price level 88.6 · Score 0.233

    Median rent is $984 a month and median income is $84,600, so rent is 14.0% of income, under the 17.9% median for ranked towns in Missouri. The Springfield, MO metro price level is 88.6 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  6. #6 in Missouri · National #354

    Kennett

    Rent share 14.9% · Price level 90.8 · Score 0.233

    Median rent is $651 a month and median income is $52,500, so rent is 14.9% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is electricity price.

  7. #7 in Missouri · National #357

    Battlefield

    Rent share 13.2% · Price level 88.6 · Score 0.234

    Median rent is $1,042 a month and median income is $94,542, so rent is 13.2% of income, under the 17.9% median for ranked towns in Missouri. The Springfield, MO metro price level is 88.6 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  8. #8 in Missouri · National #368

    Jefferson City

    Rent share 14.5% · Price level 88.0 · Score 0.236

    Median rent is $802 a month and median income is $66,371, so rent is 14.5% of income, under the 17.9% median for ranked towns in Missouri. The Jefferson City, MO metro price level is 88.0 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  9. #9 in Missouri · National #381

    Savannah

    Rent share 16.3% · Price level 86.4 · Score 0.239

    Median rent is $852 a month and median income is $62,535, so rent is 16.3% of income, under the 17.9% median for ranked towns in Missouri. The St. Joseph, MO-KS metro price level is 86.4 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  10. #10 in Missouri · National #445

    Richmond

    Rent share 14.5% · Price level 92.5 · Score 0.251

    Median rent is $722 a month and median income is $59,556, so rent is 14.5% of income, under the 17.9% median for ranked towns in Missouri. The Kansas City, MO-KS metro price level is 92.5 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is electricity price.

  11. #11 in Missouri · National #476

    Mexico

    Rent share 16.2% · Price level 90.8 · Score 0.256

    Median rent is $686 a month and median income is $50,873, so rent is 16.2% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is electricity price.

  12. #12 in Missouri · National #481

    Odessa

    Rent share 12.8% · Price level 92.5 · Score 0.257

    Median rent is $1,063 a month and median income is $100,022, so rent is 12.8% of income, under the 17.9% median for ranked towns in Missouri. The Kansas City, MO-KS metro price level is 92.5 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  13. #13 in Missouri · National #484

    Nixa

    Rent share 15.6% · Price level 88.6 · Score 0.257

    Median rent is $1,083 a month and median income is $83,385, so rent is 15.6% of income, under the 17.9% median for ranked towns in Missouri. The Springfield, MO metro price level is 88.6 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  14. #14 in Missouri · National #504

    Trenton

    Rent share 16.9% · Price level 90.8 · Score 0.259

    Median rent is $703 a month and median income is $50,015, so rent is 16.9% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is electricity price.

  15. #15 in Missouri · National #531

    Boonville

    Rent share 16.3% · Price level 89.4 · Score 0.262

    Median rent is $767 a month and median income is $56,429, so rent is 16.3% of income, under the 17.9% median for ranked towns in Missouri. The Columbia, MO metro price level is 89.4 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  16. #16 in Missouri · National #567

    Clinton

    Rent share 16.4% · Price level 90.8 · Score 0.265

    Median rent is $702 a month and median income is $51,250, so rent is 16.4% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is electricity price.

  17. #17 in Missouri · National #588

    Marshall

    Rent share 16.8% · Price level 90.8 · Score 0.268

    Median rent is $761 a month and median income is $54,437, so rent is 16.8% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is electricity price.

  18. #18 in Missouri · National #606

    Bonne Terre

    Rent share 16.7% · Price level 90.8 · Score 0.270

    Median rent is $641 a month and median income is $46,179, so rent is 16.7% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  19. #19 in Missouri · National #619

    Chillicothe

    Rent share 17.2% · Price level 90.8 · Score 0.272

    Median rent is $782 a month and median income is $54,493, so rent is 17.2% of income, under the 17.9% median for ranked towns in Missouri. The Missouri state price level is 90.8 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is electricity price.

  20. #20 in Missouri · National #623

    Parkville

    Rent share 8.1% · Price level 92.5 · Score 0.272

    Median rent is $1,162 a month and median income is $171,271, so rent is 8.1% of income, under the 17.9% median for ranked towns in Missouri. The Kansas City, MO-KS metro price level is 92.5 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  21. #21 in Missouri · National #668

    Pleasant Hill

    Rent share 14.7% · Price level 92.5 · Score 0.278

    Median rent is $1,174 a month and median income is $95,602, so rent is 14.7% of income, under the 17.9% median for ranked towns in Missouri. The Kansas City, MO-KS metro price level is 92.5 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  22. #22 in Missouri · National #671

    Kearney

    Rent share 14.5% · Price level 92.5 · Score 0.278

    Median rent is $1,251 a month and median income is $103,622, so rent is 14.5% of income, under the 17.9% median for ranked towns in Missouri. The Kansas City, MO-KS metro price level is 92.5 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  23. #23 in Missouri · National #688

    Excelsior Springs

    Rent share 16.1% · Price level 92.5 · Score 0.280

    Median rent is $975 a month and median income is $72,609, so rent is 16.1% of income, under the 17.9% median for ranked towns in Missouri. The Kansas City, MO-KS metro price level is 92.5 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is rent share and its heaviest mark is tax burden.

  24. #24 in Missouri · National #692

    Webb City

    Rent share 18.5% · Price level 85.7 · Score 0.280

    Median rent is $1,008 a month and median income is $65,469, so rent is 18.5% of income, over the 17.9% median for ranked towns in Missouri. The Joplin, MO-KS metro price level is 85.7 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is tax burden.

  25. #25 in Missouri · National #707

    St. Joseph

    Rent share 18.6% · Price level 86.4 · Score 0.282

    Median rent is $898 a month and median income is $57,956, so rent is 18.6% of income, over the 17.9% median for ranked towns in Missouri. The St. Joseph, MO-KS metro price level is 86.4 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is electricity price.

Least affordable 10

  1. #141 in Missouri · National #3624

    Glasgow Village

    Rent share 49.9% · Price level 95.1 · Score 0.496

    Median rent is $1,229 a month and median income is $29,530, so rent is 49.9% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  2. #140 in Missouri · National #3555

    Valley Park

    Rent share 25.5% · Price level 95.1 · Score 0.491

    Median rent is $1,443 a month and median income is $67,898, so rent is 25.5% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  3. #139 in Missouri · National #3394

    Ferguson

    Rent share 28.3% · Price level 95.1 · Score 0.479

    Median rent is $1,119 a month and median income is $47,524, so rent is 28.3% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  4. #138 in Missouri · National #3382

    Berkeley

    Rent share 29.1% · Price level 95.1 · Score 0.478

    Median rent is $1,074 a month and median income is $44,265, so rent is 29.1% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  5. #137 in Missouri · National #3374

    Jennings

    Rent share 29.6% · Price level 95.1 · Score 0.478

    Median rent is $961 a month and median income is $38,984, so rent is 29.6% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  6. #136 in Missouri · National #3356

    Bellefontaine Neighbors

    Rent share 28.1% · Price level 95.1 · Score 0.477

    Median rent is $1,151 a month and median income is $49,170, so rent is 28.1% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  7. #135 in Missouri · National #3150

    St. John

    Rent share 25.9% · Price level 95.1 · Score 0.462

    Median rent is $1,159 a month and median income is $53,755, so rent is 25.9% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  8. #134 in Missouri · National #3078

    Spanish Lake

    Rent share 24.9% · Price level 95.1 · Score 0.457

    Median rent is $1,160 a month and median income is $55,920, so rent is 24.9% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  9. #133 in Missouri · National #2924

    Florissant

    Rent share 23.7% · Price level 95.1 · Score 0.444

    Median rent is $1,288 a month and median income is $65,318, so rent is 23.7% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

  10. #132 in Missouri · National #2909

    Weldon Spring

    Rent share 21.2% · Price level 95.1 · Score 0.443

    Median rent is $2,800 a month and median income is $158,548, so rent is 21.2% of income, over the 17.9% median for ranked towns in Missouri. The St. Louis, MO-IL metro price level is 95.1 (U.S. = 100). Residential electricity is 16.09 cents per kWh. Among ranked U.S. towns, its lightest mark is regional price level and its heaviest mark is rent share.

The formula

A lower score is more affordable. Each of the four parts counts the same. That equal weight is our choice so the formula stays easy to read. It is not a government standard.

A percentile is the share of ranked towns with a strictly lower number, divided by the number of ranked towns minus one. The lowest number scores 0. Tied numbers share a percentile.

  1. Rent share = (median monthly rent × 12) / median household income. Both figures are the Census 2020–2024 medians for that place.
  2. RPP-adjusted cost is the BEA 2024 all-items regional price parity. A basket priced at 100 for the U.S. average costs this many dollars in the town's area. We use the metro index when the county is in a metro BEA publishes. Otherwise we use the state index and say so. This index includes housing, so housing also shows up in the rent share.
  3. Tax burden is the average of three percentiles. Income-tax share is state income tax plus the stored 2023 local AGI add-on, divided by the town's median household income, on a joint return. Property share is the state's median effective property-tax rate times the town's median home value, divided by income. Sales rate is the combined state and average local sales-tax rate. We do not turn the sales rate into dollars, because that would require a shopping basket we do not have.
  4. Electricity is the state residential price in cents per kilowatt-hour. Every town in a state shares it. We do not guess how many kilowatt-hours a home uses.

Score = (percentile of rent share + percentile of price level + tax score + percentile of electricity price) / 4. Rank 1 is the lowest score. If scores tie, the lower rent share wins, then the lower price level, then the place slug in A-to-Z order.

Questions

What is the most affordable town in Missouri in this index?

Marshfield is number 1 of 141 ranked towns in Missouri. Median rent is 12.6% of median income. Its national rank is 288.

How many towns in Missouri were ranked?

141 towns in Missouri have at least 5,000 people and published Census rent, income, and home value. Places missing one of those figures are left out.

Does this ranking approve benefits in Missouri?

No. Cost & Benefits does not approve or deny benefits. The score is a cost comparison only.