salaryRent is lower than in 84% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 15.5 minutes.
How much money do I need?
To rent here comfortably, you should earn about $42,600 a year. That is $20 an hour at a full-time job.
Is rent cheaper than other Missouri cities?
Yes. Rent here is cheaper than in most of Missouri. It is number 41 of 142 cities from cheapest to most expensive.
How much do households earn in Carthage?
Share of households by yearly income. 9.5% of households earn $100,000 or more.
Rent by apartment size in Carthage
| Size | Carthage | U.S. average |
|---|---|---|
| Studio | $855 | $1,338 |
| 1 bedroom | $424 | $1,324 |
| 2 bedrooms | $1,043 | $1,509 |
| 3 bedrooms | $1,252 | $1,698 |
| 4 bedrooms | $1,487 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Carthage overall?
Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Carthage, so the Missouri figure is shown.
Taxes and bills in Carthage
Life in Carthage
Is it cheaper to rent or buy in Carthage?
About the same. Renting and owning cost within $46 of each other each month.
Owning assumes a typical $146,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,680 for the down payment.
Frequently asked questions
What is the average rent in Carthage, MO?
Renting in Carthage costs a median of about $1,065 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Carthage?
To keep rent under 30% of income, you need about $42,600 a year, or $20 an hour at a full-time job.
Is Carthage cheap or expensive?
Carthage is rated OK: rent takes 23.1% of the typical household income of $55,357. It ranks 41st cheapest of 142 Missouri cities we track.
How much are property taxes in Carthage?
The median homeowner in Carthage pays $1,095 a year in property taxes, about 0.75% of the median home value.
Is Carthage more expensive than the national average?
Overall prices in Missouri are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Carthage?
The median home value in Carthage is $146,800, about 2.7 times the typical yearly household income.
15,574 people live in Carthage. Numbers are typical (middle) values.