Liberty, MO

Below Avg · 86

Missouri · Population 30,446 · Updated March 2026

$1,164
Median Rent / Month
$95,425
Median Income
$267,900
Median Home Value
$1,322
Owner Costs / Month

Affordability

How far your income goes in Liberty

14.6%
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

$13,968
Annual Rent
$4,724
State Income Tax
$2,491
Property Tax (est.)

Cost of Living Overview

Liberty offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 86 (where 100 equals the national median), Liberty residents can expect to pay median rent of $1,164/month while earning a median household income of $95,425/year.

The median home value in Liberty, MO is $267,900, with typical monthly owner costs around $1,322 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.6% 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 Liberty.

Frequently Asked Questions

Common questions about living costs in Liberty

What is the cost of living in Liberty, MO?
The cost of living index in Liberty, MO is 86 (US average = 100). Median monthly rent is $1,164, median household income is $95,425/year, and the median home value is $267,900.
Is Liberty, MO affordable?
Yes, Liberty is more affordable than the national average with a cost index of 86. The rent-to-income ratio is 14.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Liberty, MO?
The median gross rent in Liberty, MO is $1,164 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,968.
What is the median household income in Liberty?
The median household income in Liberty, MO is $95,425 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%.