States › Missouri › Savannah

Is Savannah, MO expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,44318% lower than U.S. average
💵 Families earn per year (2026)$67,444about $5,620/month · 23% lower than U.S. average
🔑 House price$161,50051% lower than U.S. average

Rent is lower than in 61% 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 17.4 minutes.

How much money do I need?

To rent here comfortably, you should earn about $57,720 a year. That is $28 an hour at a full-time job.

Is rent cheaper than other Missouri cities?

No. Rent here is more expensive than in most of Missouri. It is number 89 of 142 cities from cheapest to most expensive.

Savannah
$1,443
Herculaneum
$1,869
Ste. Genevieve
$853
Wright City
$989
Weldon Spring
$2,074
Caruthersville
$525
St. Robert
$1,202

How much do households earn in Savannah?

Under $25k
15.1%
$25k–50k
26.1%
$50k–100k
41.0%
$100k–150k
9.9%
$150k+
4.6%

Share of households by yearly income. 14.5% of households earn $100,000 or more.

Rent by apartment size in Savannah

SizeSavannahU.S. average
2 bedrooms$933$1,509
3 bedrooms$1,254$1,698

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

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

Taxes and bills in Savannah

🏛️ Property tax$1,318a year · 0.82% of home value · U.S. $3,119
⚡ Electric bill$167a month (typical) · U.S. $156

Life in Savannah

Commute to work17.4 minU.S.: 26.4 min
College degree27%U.S.: 35.7%
Own their home62.8%U.S.: 65.2%
Below poverty line4.4%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Savannah?

Buying is cheaper month to month: about $322 a month less than renting.

Renting
$1,443
Owning
$1,121

Owning assumes a typical $161,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,150 for the down payment.

Frequently asked questions

What is the average rent in Savannah, MO?

Renting in Savannah costs a median of about $1,443 a month in 2026, including utilities. The Missouri median is $1,285.

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

To keep rent under 30% of income, you need about $57,720 a year, or $28 an hour at a full-time job.

Is Savannah cheap or expensive?

Savannah is rated OK: rent takes 25.7% of the typical household income of $67,444. It ranks 89th cheapest of 142 Missouri cities we track.

How much are property taxes in Savannah?

The median homeowner in Savannah pays $1,318 a year in property taxes, about 0.82% of the median home value.

Is Savannah 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 Savannah?

The median home value in Savannah is $161,500, about 2.4 times the typical yearly household income.

5,053 people live in Savannah. Numbers are typical (middle) values.