Missouri, TX

Above Avg · 117

Texas · Population 75,234 · Updated March 2026

$1,908
Median Rent / Month
$96,746
Median Income
$281,600
Median Home Value
$1,779
Owner Costs / Month

Affordability

How far your income goes in Missouri

23.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Texas

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.6%
Property Tax Rate

Estimated Annual Costs

$22,896
Annual Rent
$0
State Income Tax
$4,506
Property Tax (est.)

Cost of Living Overview

Missouri is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 117 (where 100 equals the national median), Missouri residents can expect to pay median rent of $1,908/month while earning a median household income of $96,746/year.

The median home value in Missouri, TX is $281,600, with typical monthly owner costs around $1,779 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Texas has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.25% sales tax rate and 1.6% effective property tax rate, the overall tax environment helps keep costs manageable in Missouri.

Frequently Asked Questions

Common questions about living costs in Missouri

What is the cost of living in Missouri, TX?
The cost of living index in Missouri, TX is 117 (US average = 100). Median monthly rent is $1,908, median household income is $96,746/year, and the median home value is $281,600.
Is Missouri, TX affordable?
No, Missouri is more expensive than the national average with a cost index of 117. The rent-to-income ratio is 23.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Missouri, TX?
The median gross rent in Missouri, TX is $1,908 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,896.
What is the median household income in Missouri?
The median household income in Missouri, TX is $96,746 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Texas?
Texas has a top income tax rate of 0%, a sales tax of 6.25%, and an effective property tax rate of 1.6%. Notably, there is no state income tax.