MO · Rank 28 of 50 affordable
Can teachers afford to live in Missouri?
Tight, but workable.
The average Missouri teacher earns $53,999 per year. A typical 2-bedroom rents for about $1,496/mo, which is 33% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$53,999
Cost-of-Living Index
88
US avg = 100
Affordability Score
39/100
Renting in Missouri
2BR Rent / mo
$1,496
Annual Rent
$17,952
% of Salary
33%
Left after rent
$3,004/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Missouri
Median Home Price
$369,600
10% Down
$36,960
P&I (7%, 30yr)
$2,213/mo
Full PITI
$2,660/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.