Town and Country, MO

Very High · 213

Missouri · Population 11,605 · Updated March 2026

$2,316
Median Rent / Month
$237,083
Median Income
$895,000
Median Home Value
$2,767
Owner Costs / Month

Affordability

How far your income goes in Town and Country

11.7%
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

$27,792
Annual Rent
$11,736
State Income Tax
$8,324
Property Tax (est.)

Cost of Living Overview

Town and Country has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 213 (where 100 equals the national median), Town and Country residents can expect to pay median rent of $2,316/month while earning a median household income of $237,083/year.

The median home value in Town and Country, MO is $895,000, with typical monthly owner costs around $2,767 including mortgage, insurance, and taxes. The median rent-to-income ratio of 11.7% 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 Town and Country.

Frequently Asked Questions

Common questions about living costs in Town and Country

What is the cost of living in Town and Country, MO?
The cost of living index in Town and Country, MO is 213 (US average = 100). Median monthly rent is $2,316, median household income is $237,083/year, and the median home value is $895,000.
Is Town and Country, MO affordable?
No, Town and Country is more expensive than the national average with a cost index of 213. The rent-to-income ratio is 11.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Town and Country, MO?
The median gross rent in Town and Country, MO is $2,316 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $27,792.
What is the median household income in Town and Country?
The median household income in Town and Country, MO is $237,083 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%.