Cost of Living in Mendon, MO

With a cost of living index of 75, Mendon, MO is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and in line with the Missouri state average. Mendon is a small community of 204 residents.

The median household income in Mendon is $55,625, which is 26% lower than the national median of $75,149. Residents spend roughly 13% 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.