Cost of Living in Kennett, MO
Population 10,236 · Missouri · Data vintage 2023
(100 = US avg)
Kennett sits on the smaller end of the Missouri city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Located 80 miles north of Memphis, Kennett is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 34% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Kennett
The median home value in Kennett is $103,600 — 66% below the national median of $305,000. Median rent runs $600/month, 54% lower than the national median of $1,314/month. The median household income of $53,164/year is 29% lower than the US median of $74,580. The local unemployment rate is 5.1%, above 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, Kennett has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Kennett, MO?
Kennett has a cost index of 39 (100 = national average). It is 61% below the national average.
What is average rent in Kennett, MO?
The median gross rent in Kennett is $600 per month based on 2023 Census data.
What is the average home price in Kennett?
The median home value in Kennett is $103,600 according to Zillow and Census data.
What is the median income in Kennett?
The median household income in Kennett is $53,164 per year (2023 ACS 5-year estimates).
What is the sales tax in Kennett, MO?
The combined state and local sales tax rate in Kennett is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Kennett, MO affordable?
Yes, Kennett is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.
Kennett at a Glance
- Population
- 10,236
- Median Income
- $53,164
- Home Value
- $103,600
- Median Rent
- $600/mo
- Unemployment
- 5.1%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
Similar Cost Cities
Cities in other states with comparable housing costs