Cost of Living in Green Castle, MO

With a cost of living index of 61, Green Castle, MO is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 14% below the Missouri state average of 75. Green Castle is a small community of 331 residents.

Housing costs are the biggest factor in Green Castle's cost of living. The median monthly rent is $803 (39% below the US median of $1,319), and the median home value sits at $53,200 (83% below the national median of $304,900). At current prices, the median home costs roughly 0.9x the median household income — well within traditional affordability guidelines.

The median household income in Green Castle is $56,250, which is 25% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.