salaryRent is lower than in 77% 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 19.1 minutes.
How much money do I need?
To rent here comfortably, you should earn about $47,240 a year. That is $23 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 58 of 142 cities from cheapest to most expensive.
How much do households earn in Neosho?
Share of households by yearly income. 17.0% of households earn $100,000 or more.
Rent by apartment size in Neosho
| Size | Neosho | U.S. average |
|---|---|---|
| 1 bedroom | $689 | $1,324 |
| 2 bedrooms | $889 | $1,509 |
| 3 bedrooms | $1,161 | $1,698 |
| 4 bedrooms | $973 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Neosho 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 Neosho, so the Missouri figure is shown.
Taxes and bills in Neosho
Life in Neosho
Is it cheaper to rent or buy in Neosho?
About the same. Renting and owning cost within $47 of each other each month.
Owning assumes a typical $163,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,340 for the down payment.
Frequently asked questions
What is the average rent in Neosho, MO?
Renting in Neosho costs a median of about $1,181 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Neosho?
To keep rent under 30% of income, you need about $47,240 a year, or $23 an hour at a full-time job.
Is Neosho cheap or expensive?
Neosho is rated OK: rent takes 22.7% of the typical household income of $62,435. It ranks 58th cheapest of 142 Missouri cities we track.
How much are property taxes in Neosho?
The median homeowner in Neosho pays $1,044 a year in property taxes, about 0.64% of the median home value.
Is Neosho 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 Neosho?
The median home value in Neosho is $163,400, about 2.6 times the typical yearly household income.
13,224 people live in Neosho. Numbers are typical (middle) values.