States › Missouri › Park Hills

Is Park Hills, MO expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,11337% lower than U.S. average
💵 Families earn per year (2026)$56,689about $4,724/month · 35% lower than U.S. average
🔑 House price$131,30061% 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 $44,520 a year. That is $21 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 47 of 142 cities from cheapest to most expensive.

Park Hills
$1,113
Olivette
$1,649
Oak Grove
$1,155
Perryville
$1,078
Cameron
$1,407
Pleasant Hill
$1,853
Chillicothe
$1,077

How much do households earn in Park Hills?

Under $25k
24.6%
$25k–50k
26.2%
$50k–100k
27.5%
$100k–150k
12.8%
$150k+
4.0%

Share of households by yearly income. 16.7% of households earn $100,000 or more.

Rent by apartment size in Park Hills

SizePark HillsU.S. average
1 bedroom$595$1,324
2 bedrooms$958$1,509
3 bedrooms$1,215$1,698

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

How expensive is Park Hills 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 Park Hills, so the Missouri figure is shown.

Taxes and bills in Park Hills

🏛️ Property tax$959a year · 0.73% of home value · U.S. $3,119
⚡ Electric bill$174a month (typical) · U.S. $156

Life in Park Hills

Commute to work27.1 minU.S.: 26.4 min
College degree14.1%U.S.: 35.7%
Own their home56%U.S.: 65.2%
Below poverty line14.4%U.S.: 12.5%
Unemployment5.9%U.S.: 5.2%

Is it cheaper to rent or buy in Park Hills?

Buying is cheaper month to month: about $202 a month less than renting.

Renting
$1,113
Owning
$911

Owning assumes a typical $131,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,130 for the down payment.

Frequently asked questions

What is the average rent in Park Hills, MO?

Renting in Park Hills costs a median of about $1,113 a month in 2026, including utilities. The Missouri median is $1,285.

How much do I need to make to live in Park Hills?

To keep rent under 30% of income, you need about $44,520 a year, or $21 an hour at a full-time job.

Is Park Hills cheap or expensive?

Park Hills is rated OK: rent takes 23.6% of the typical household income of $56,689. It ranks 47th cheapest of 142 Missouri cities we track.

How much are property taxes in Park Hills?

The median homeowner in Park Hills pays $959 a year in property taxes, about 0.73% of the median home value.

Is Park Hills 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 Park Hills?

The median home value in Park Hills is $131,300, about 2.3 times the typical yearly household income.

8,678 people live in Park Hills. Numbers are typical (middle) values.