States › Missouri › Oak Grove

Is Oak Grove, MO expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,15534% lower than U.S. average
💵 Families earn per year (2026)$80,998about $6,750/month · 7% lower than U.S. average
🔑 House price$215,50035% lower than U.S. average

Rent is lower than in 79% 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 $46,200 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 54 of 142 cities from cheapest to most expensive.

Oak Grove
$1,155
Perryville
$1,078
Cameron
$1,407
Olivette
$1,649
Park Hills
$1,113
Parkville
$1,285
Carl Junction
$1,473

How much do households earn in Oak Grove?

Under $25k
14.5%
$25k–50k
21.0%
$50k–100k
40.1%
$100k–150k
16.8%
$150k+
7.3%

Share of households by yearly income. 24.2% of households earn $100,000 or more.

Rent by apartment size in Oak Grove

SizeOak GroveU.S. average
1 bedroom$457$1,324
2 bedrooms$1,084$1,509
3 bedrooms$1,568$1,698

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

How expensive is Oak Grove 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 Oak Grove, so the Missouri figure is shown.

Taxes and bills in Oak Grove

🏛️ Property tax$2,434a year · 1.13% of home value · U.S. $3,119
⚡ Electric bill$159a month (typical) · U.S. $156

Life in Oak Grove

Commute to work29.1 minU.S.: 26.4 min
College degree15.4%U.S.: 35.7%
Own their home60.3%U.S.: 65.2%
Below poverty line8.6%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Oak Grove?

Renting is cheaper right now: about $340 a month less.

Renting
$1,155
Owning
$1,495

Owning assumes a typical $215,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,550 for the down payment.

Frequently asked questions

What is the average rent in Oak Grove, MO?

Renting in Oak Grove costs a median of about $1,155 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in Oak Grove?

To keep rent under 30% of income, you need about $46,200 a year, or $22 an hour at a full-time job.

Is Oak Grove cheap or expensive?

Oak Grove is rated Cheap: rent takes 17.1% of the typical household income of $80,998. It ranks 54th cheapest of 142 Missouri cities we track.

How much are property taxes in Oak Grove?

The median homeowner in Oak Grove pays $2,434 a year in property taxes, about 1.13% of the median home value.

Is Oak Grove 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 Oak Grove?

The median home value in Oak Grove is $215,500, about 2.7 times the typical yearly household income.

8,538 people live in Oak Grove. Numbers are typical (middle) values.