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.
How to cite this
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
National index · Press · How we count
Benefits and taxes in Missouri
Top 25
#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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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
#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.
#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.
#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.
#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.
#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.
#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.
#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.
#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.
#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.
#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.
- Rent share = (median monthly rent × 12) / median household income. Both figures are the Census 2020–2024 medians for that place.
- 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.
- 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.
- 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.