States › Missouri › Excelsior Springs

Is Excelsior Springs, MO expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$82553% lower than U.S. average
💵 Families earn per year (2026)$78,309about $6,526/month · 10% lower than U.S. average
🔑 House price$186,80044% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $33,000 a year. That is $16 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 12 of 142 cities from cheapest to most expensive.

Excelsior Springs
$825
Bellefontaine Neighbors
$1,744
Maryville
$985
Smithville
$1,463
Kennett
$1,121
Kearney
$1,768
Ellisville
$1,340

How much do households earn in Excelsior Springs?

Under $25k
12.5%
$25k–50k
23.2%
$50k–100k
34.9%
$100k–150k
19.0%
$150k+
4.3%

Share of households by yearly income. 23.3% of households earn $100,000 or more.

Rent by apartment size in Excelsior Springs

SizeExcelsior SpringsU.S. average
1 bedroom$697$1,324
2 bedrooms$1,183$1,509
3 bedrooms$1,453$1,698
4 bedrooms$2,298$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Excelsior Springs overall?

Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).

Housing
70
Goods (food, clothes…)
96
Utilities
79
Other services
95
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Excelsior Springs, so the Missouri figure is shown.

Taxes and bills in Excelsior Springs

🏛️ Property tax$1,945a year · 1.04% of home value · U.S. $3,119
⚡ Electric bill$128a month (typical) · U.S. $156

Life in Excelsior Springs

Commute to work22.3 minU.S.: 26.4 min
College degree17.6%U.S.: 35.7%
Own their home68.2%U.S.: 65.2%
Below poverty line15.2%U.S.: 12.5%
Unemployment5%U.S.: 5.2%

Is it cheaper to rent or buy in Excelsior Springs?

Renting is cheaper right now: about $471 a month less.

Renting
$825
Owning
$1,296

Owning assumes a typical $186,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,680 for the down payment.

Frequently asked questions

What is the average rent in Excelsior Springs, MO?

Renting in Excelsior Springs costs a median of about $825 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in Excelsior Springs?

To keep rent under 30% of income, you need about $33,000 a year, or $16 an hour at a full-time job.

Is Excelsior Springs cheap or expensive?

Excelsior Springs is rated Cheap: rent takes 12.6% of the typical household income of $78,309. It ranks 12th cheapest of 142 Missouri cities we track.

How much are property taxes in Excelsior Springs?

The median homeowner in Excelsior Springs pays $1,945 a year in property taxes, about 1.04% of the median home value.

Is Excelsior Springs 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 Excelsior Springs?

The median home value in Excelsior Springs is $186,800, about 2.4 times the typical yearly household income.

10,484 people live in Excelsior Springs. Numbers are typical (middle) values.