Cost of Living in Koshkonong, MO

With a cost of living index of 59, Koshkonong, MO is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 16% below the Missouri state average of 75. Koshkonong is a small community of 210 residents.

Housing costs are the biggest factor in Koshkonong's cost of living. The median monthly rent is $725 (45% below the US median of $1,319), and the median home value sits at $62,200 (80% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Koshkonong is $27,891, which is 63% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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.