States › Missouri › Monett

Is Monett, MO expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,25129% lower than U.S. average
💵 Families earn per year (2026)$53,267about $4,439/month · 39% lower than U.S. average
🔑 House price$167,70050% lower than U.S. average

Rent is lower than in 72% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 19 minutes.

How much money do I need?

To rent here comfortably, you should earn about $50,040 a year. That is $24 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 65 of 142 cities from cheapest to most expensive.

Monett
$1,251
$1,121

How much do households earn in Monett?

Under $25k
22.7%
$25k–50k
31.6%
$50k–100k
29.6%
$100k–150k
8.0%
$150k+
5.2%

Share of households by yearly income. 13.2% of households earn $100,000 or more.

Rent by apartment size in Monett

SizeMonettU.S. average
1 bedroom$490$1,324
2 bedrooms$1,006$1,509
3 bedrooms$1,131$1,698
4 bedrooms$1,183$2,098

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

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

Taxes and bills in Monett

🏛️ Property tax$1,044a year · 0.62% of home value · U.S. $3,119
⚡ Electric bill$176a month (typical) · U.S. $156

Life in Monett

Commute to work19 minU.S.: 26.4 min
College degree12.8%U.S.: 35.7%
Own their home54.5%U.S.: 65.2%
Below poverty line15.2%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Monett?

Buying is cheaper month to month: about $87 a month less than renting.

Renting
$1,251
Owning
$1,164

Owning assumes a typical $167,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,770 for the down payment.

Frequently asked questions

What is the average rent in Monett, MO?

Renting in Monett costs a median of about $1,251 a month in 2026, including utilities. The Missouri median is $1,285.

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

To keep rent under 30% of income, you need about $50,040 a year, or $24 an hour at a full-time job.

Is Monett cheap or expensive?

Monett is rated OK: rent takes 28.2% of the typical household income of $53,267. It ranks 65th cheapest of 142 Missouri cities we track.

How much are property taxes in Monett?

The median homeowner in Monett pays $1,044 a year in property taxes, about 0.62% of the median home value.

Is Monett 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 Monett?

The median home value in Monett is $167,700, about 3.1 times the typical yearly household income.

9,873 people live in Monett. Numbers are typical (middle) values.