MO · Rank 38 of 50 affordable
Can teachers afford to live in Missouri?
Tight, but workable.
The average Missouri teacher earns $57,366 per year. A typical 2-bedroom rents for about $1,511/mo, which is 32% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$57,366
Cost-of-Living Index
88.9
US avg = 100
Affordability Score
45/100
Renting in Missouri
2BR Rent / mo
$1,511
Annual Rent
$18,136
% of Salary
32%
Left after rent
$3,269/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Missouri
Median Home Price
$373,380
10% Down
$37,338
P&I (7%, 30yr)
$2,236/mo
Full PITI
$2,687/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.