Festus, MO

Very Low · 66

Missouri · Population 12,965 · Updated March 2026

$935
Median Rent / Month
$70,085
Median Income
$206,200
Median Home Value
$965
Owner Costs / Month

Affordability

How far your income goes in Festus

16.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Missouri

State-level tax rates that affect your costs

4.95%
Income Tax (Top Rate)
4.225%
Sales Tax
0.93%
Property Tax Rate

Estimated Annual Costs

$11,220
Annual Rent
$3,469
State Income Tax
$1,918
Property Tax (est.)

Cost of Living Overview

Festus is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 66 (where 100 equals the national median), Festus residents can expect to pay median rent of $935/month while earning a median household income of $70,085/year.

The median home value in Festus, MO is $206,200, with typical monthly owner costs around $965 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Missouri has a moderate income tax rate of 4.95%. Combined with a 4.225% sales tax rate and 0.93% effective property tax rate, the overall tax environment is a factor in the total cost of living in Festus.

Frequently Asked Questions

Common questions about living costs in Festus

What is the cost of living in Festus, MO?
The cost of living index in Festus, MO is 66 (US average = 100). Median monthly rent is $935, median household income is $70,085/year, and the median home value is $206,200.
Is Festus, MO affordable?
Yes, Festus is more affordable than the national average with a cost index of 66. The rent-to-income ratio is 16.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Festus, MO?
The median gross rent in Festus, MO is $935 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,220.
What is the median household income in Festus?
The median household income in Festus, MO is $70,085 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Missouri?
Missouri has a top income tax rate of 4.95%, a sales tax of 4.225%, and an effective property tax rate of 0.93%.