Cost of Living in Houstonia, MO
Population: 255 | Missouri
Houstonia is 38% less expensive than the national average.
Cost of Living in Houstonia, MO: What You Need to Know
With a cost of living index of 62, Houstonia, MO is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 13% below the Missouri state average of 75. Houstonia is a small community of 255 residents.
Housing costs are the biggest factor in Houstonia's cost of living. The median monthly rent is $850 (36% below the US median of $1,319), and the median home value sits at $48,900 (84% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.
The median household income in Houstonia is $37,396, which is 50% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. 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.
Income
- Median Household Income
- $37,396
- vs US Median ($75,149)
- -50%
Housing
- Median Rent
- $850/mo
- Median Home Value
- $48,900
- Median Monthly Housing Cost
- $613/mo