Cost of Living in Walker, MO
Population: 371 | Missouri
Walker is 25% less expensive than the national average.
Cost of Living in Walker, MO: What You Need to Know
With a cost of living index of 76, Walker, MO is a very affordable place to live. Living here is 25% cheaper than the national average and in line with the Missouri state average. Walker is a small community of 371 residents.
The median household income in Walker is $29,922, which is 60% lower than the national median of $75,149. Residents spend roughly 24% 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.
Income
- Median Household Income
- $29,922
- vs US Median ($75,149)
- -60%
Housing
- Median Rent
- $610/mo
- Median Monthly Housing Cost
- $520/mo