Cost of Living in Bonne Terre, MO

Population 6,773 · Missouri · Data vintage 2023

41
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $39,767, median household incomes in Bonne Terre land roughly 47% below the US median, a gap that tends to persist across local labor-market indicators. Around 28% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Bonne Terre is about 50 miles southwest of St. Louis, the nearest large metro. Median home values run roughly 35% lower than St. Louis' $185,000.

Cost Overview

Housing 39
Rent 45

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bonne Terre

The median home value in Bonne Terre is $120,400 — 61% below the national median of $305,000. Median rent runs $585/month, 55% lower than the national median of $1,314/month. The median household income of $39,767/year is 47% lower than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Bonne Terre has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.

🏠 Housing

Median Home Value
$120,400
61% below avg
Zillow Home Value
$198,412
Zillow ZHVI
Median Rent
$585/mo
55% below avg
Price-to-Rent Ratio
17.2x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 62.9%
Renter-occupied 37.1%

💰 Estimated Monthly Budget

Rent median rent
$585
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,199/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.0 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.4%

Commute Mode

Drove alone
73.2%
Carpooled
17.8%
Walked
4.3%
Work from home
2.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$39,767
47% below avg
Per Capita Income
$19,246
Unemployment Rate
3.2%
34% below avg
Poverty Rate
28.0%
Labor Force Participation
34.7%

🎓 Education

Bachelor's degree+ 4.7%
Graduate degree 3.5%

👥 Demographics

Median Age 39.2
Male median age 36.1
Female median age 46.8

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
13.2:1
Student-teacher ratio
6
Public schools
2,901
Total enrollment

Frequently Asked Questions

What is the cost of living in Bonne Terre, MO?

Bonne Terre has a cost index of 41 (100 = national average). It is 59% below the national average.

What is average rent in Bonne Terre, MO?

The median gross rent in Bonne Terre is $585 per month based on 2023 Census data.

What is the average home price in Bonne Terre?

The median home value in Bonne Terre is $120,400 according to Zillow and Census data.

What is the median income in Bonne Terre?

The median household income in Bonne Terre is $39,767 per year (2023 ACS 5-year estimates).

What is the sales tax in Bonne Terre, MO?

The combined state and local sales tax rate in Bonne Terre is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Bonne Terre, MO affordable?

Yes, Bonne Terre is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.

Bonne Terre at a Glance

Population
6,773
Median Income
$39,767
Home Value
$120,400
Median Rent
$585/mo
Unemployment
3.2%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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