Cost of Living in Monett, MO
Population 9,734 · Missouri · Data vintage 2023
(100 = US avg)
At $45,821, median household incomes in Monett land roughly 39% below the US median, a gap that tends to persist across local labor-market indicators.
Monett is about 40 miles southwest of Springfield, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 10% lower than Springfield's $165,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Monett
The median home value in Monett is $149,000 — 51% below the national median of $305,000. Median rent runs $862/month, 34% lower than the national median of $1,314/month. The median household income of $45,821/year is 39% lower than the US median of $74,580. The local unemployment rate is 3.5%, 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, Monett has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.
Monett has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Monett, MO?
Monett has a cost index of 56 (100 = national average). It is 44% below the national average.
What is average rent in Monett, MO?
The median gross rent in Monett is $862 per month based on 2023 Census data.
What is the average home price in Monett?
The median home value in Monett is $149,000 according to Zillow and Census data.
What is the median income in Monett?
The median household income in Monett is $45,821 per year (2023 ACS 5-year estimates).
What is the sales tax in Monett, MO?
The combined state and local sales tax rate in Monett is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Monett, MO affordable?
Yes, Monett is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.
Monett at a Glance
- Population
- 9,734
- Median Income
- $45,821
- Home Value
- $149,000
- Median Rent
- $862/mo
- Unemployment
- 3.5%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
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