Rent is lower than in 89% of U.S. cities. A typical house costs about 3.6 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $38,720 a year. That is $19 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 24 of 142 cities from cheapest to most expensive.
How much do households earn in Pevely?
Share of households by yearly income. 21.8% of households earn $100,000 or more.
Rent by apartment size in Pevely
| Size | Pevely | U.S. average |
|---|---|---|
| 1 bedroom | $737 | $1,324 |
| 2 bedrooms | $969 | $1,509 |
| 3 bedrooms | $1,223 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pevely 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 Pevely, so the Missouri figure is shown.
Taxes and bills in Pevely
Life in Pevely
Is it cheaper to rent or buy in Pevely?
Renting is cheaper right now: about $556 a month less.
Owning assumes a typical $219,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,960 for the down payment.
Frequently asked questions
What is the average rent in Pevely, MO?
Renting in Pevely costs a median of about $968 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Pevely?
To keep rent under 30% of income, you need about $38,720 a year, or $19 an hour at a full-time job.
Is Pevely cheap or expensive?
Pevely is rated Cheap: rent takes 19.2% of the typical household income of $60,396. It ranks 24th cheapest of 142 Missouri cities we track.
How much are property taxes in Pevely?
The median homeowner in Pevely pays $2,659 a year in property taxes, about 1.21% of the median home value.
Is Pevely 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 Pevely?
The median home value in Pevely is $219,600, about 3.6 times the typical yearly household income.
6,055 people live in Pevely. Numbers are typical (middle) values.