Cost of Living in Greentop, MO

With a cost of living index of 53, Greentop, MO is one of the most affordable cities in the country. Living here is 47% cheaper than the national average and 22% below the Missouri state average of 75. Greentop is a small community of 367 residents.

Housing costs are the biggest factor in Greentop's cost of living. The median monthly rent is $405 (69% below the US median of $1,319), and the median home value sits at $104,700 (66% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Greentop is $52,188, which is 31% lower than the national median of $75,149. Residents spend roughly 9% 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.