Rent is lower than in 53% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (92.6%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $63,960 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Missouri cities?
No. Rent here is more expensive than in most of Missouri. It is number 107 of 142 cities from cheapest to most expensive.
How much do households earn in Imperial?
Share of households by yearly income. 29.5% of households earn $100,000 or more.
How expensive is Imperial 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 Imperial, so the Missouri figure is shown.
Taxes and bills in Imperial
Life in Imperial
Is it cheaper to rent or buy in Imperial?
About the same. Renting and owning cost within $12 of each other each month.
Owning assumes a typical $228,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,870 for the down payment.
Frequently asked questions
What is the average rent in Imperial, MO?
Renting in Imperial costs a median of about $1,599 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Imperial?
To keep rent under 30% of income, you need about $63,960 a year, or $31 an hour at a full-time job.
Is Imperial cheap or expensive?
Imperial is rated Cheap: rent takes 19.8% of the typical household income of $97,095. It ranks 107th cheapest of 142 Missouri cities we track.
How much are property taxes in Imperial?
The median homeowner in Imperial pays $2,095 a year in property taxes, about 0.92% of the median home value.
Is Imperial 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 Imperial?
The median home value in Imperial is $228,700, about 2.4 times the typical yearly household income.
5,488 people live in Imperial. Numbers are typical (middle) values.