States › Missouri › Kennett

Is Kennett, MO expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,12136% lower than U.S. average
💵 Families earn per year (2026)$56,621about $4,718/month · 35% lower than U.S. average
🔑 House price$112,00066% lower than U.S. average

Rent is lower than in 81% of 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 $44,840 a year. That is $22 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 49 of 142 cities from cheapest to most expensive.

Kennett
$1,121
$1,251

How much do households earn in Kennett?

Under $25k
24.7%
$25k–50k
24.4%
$50k–100k
33.1%
$100k–150k
9.7%
$150k+
3.4%

Share of households by yearly income. 13.1% of households earn $100,000 or more.

Rent by apartment size in Kennett

SizeKennettU.S. average
1 bedroom$451$1,324
2 bedrooms$628$1,509
3 bedrooms$1,179$1,698
4 bedrooms$1,033$2,098

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

How expensive is Kennett 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 Kennett, so the Missouri figure is shown.

Taxes and bills in Kennett

🏛️ Property tax$863a year · 0.77% of home value · U.S. $3,119
⚡ Electric bill$196a month (typical) · U.S. $156

Life in Kennett

Commute to work20 minU.S.: 26.4 min
College degree15.6%U.S.: 35.7%
Own their home57.9%U.S.: 65.2%
Below poverty line19.1%U.S.: 12.5%
Unemployment5.4%U.S.: 5.2%

Is it cheaper to rent or buy in Kennett?

Buying is cheaper month to month: about $344 a month less than renting.

Renting
$1,121
Owning
$777

Owning assumes a typical $112,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,200 for the down payment.

Frequently asked questions

What is the average rent in Kennett, MO?

Renting in Kennett costs a median of about $1,121 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in Kennett?

To keep rent under 30% of income, you need about $44,840 a year, or $22 an hour at a full-time job.

Is Kennett cheap or expensive?

Kennett is rated OK: rent takes 23.8% of the typical household income of $56,621. It ranks 49th cheapest of 142 Missouri cities we track.

How much are property taxes in Kennett?

The median homeowner in Kennett pays $863 a year in property taxes, about 0.77% of the median home value.

Is Kennett 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 Kennett?

The median home value in Kennett is $112,000, about 2.0 times the typical yearly household income.

10,196 people live in Kennett. Numbers are typical (middle) values.