When it comes to finding an affordable place to live, Missouri offers a variety of options that won't break the bank. From charming small towns to bustling cities, there are plenty of choices for those seeking a more budget-friendly lifestyle.
In this article, we will explore the top 8 cheapest places to live in Missouri, taking into account factors such as housing costs, living expenses, and rental prices. So, let's dive in and discover the hidden gems of Missouri!
Top 8 Cheapest Places To Live In Missouri
- Monett
- Moberly
- Hannibal
- Fulton
- Mexico
- Marshall
- Warrensburg
- Sedalia
Monett
With a population of approximately 9,881 people, Monett is a charming city located in Barry County. This tight-knit community is known for its friendly residents and affordable cost of living.
The average home price in Monett is around $124k, making it an attractive option for those looking to settle down. If you prefer renting an apartment, the average monthly cost is approximately $700.
Monett boasts a variety of outdoor recreational activities, including the scenic Monett South Park and nearby Roaring River State Park, where you can enjoy hiking, fishing, and camping.
Moberly
Situated in Randolph County, Moberly is a vibrant city with a population of about 14,092 residents.
The cost of living in Moberly is quite affordable, with an average home price of around $96k. For those who prefer renting, apartments in Moberly have an average monthly cost of approximately $600.
Outdoor enthusiasts will appreciate the city's extensive park system, including Rothwell Park, which offers opportunities for picnicking, swimming, and boating. Moberly also boasts a rich history, with attractions such as the Randolph County Historical Society Museum and the Moberly Area Community College.
Hannibal
Known as the boyhood home of legendary author Mark Twain, Hannibal is a historic city nestled along the Mississippi River. With a population of around 16,989, Hannibal offers a mix of small-town charm and cultural heritage. The average home price in Hannibal is approximately $98k, making it an affordable place to settle down.
If you're looking to rent, the average monthly cost for an apartment is around $600. Hannibal's attractions include the Mark Twain Boyhood Home and Museum, the Mark Twain Cave Complex, and the scenic Riverview Park, where you can enjoy breathtaking views of the river.
Fulton
Located in Callaway County, Fulton is a welcoming city with a population of about 12,864 residents. Home to Westminster College, Fulton offers cultural and educational opportunities.
The average home price in Fulton is around $98k, providing affordable housing options for residents. If you prefer renting, the average monthly cost for an apartment is approximately $650.
Outdoor enthusiasts will appreciate the city's beautiful parks, such as Veterans Park and Memorial Park, which offer walking trails, sports facilities, and picnic areas. Fulton is also known for its connection to Winston Churchill, as the famous "Iron Curtain" speech was delivered at Westminster College.
Mexico
Mexico, Missouri, is a lively city situated in Audrain County. With a population of approximately 11,603 residents, it offers a friendly and tight-knit community atmosphere.
The average home price in Mexico is around $90k, making it an affordable place to call home. Renting an apartment in Mexico comes at an average monthly cost of approximately $600.
The city features a variety of parks, such as Green Estate Park and Garfield Park, providing opportunities for outdoor activities and family fun. Mexico is also known for its vibrant downtown area, which offers unique shops, local eateries, and community events.
Marshall
Located in Saline County, Marshall is a charming city with a population of about 13,474 residents.
Marshall's affordable cost of living is reflected in its average home price of around $85k. For those interested in renting, the average monthly cost for an apartment is approximately $600.
Outdoor enthusiasts will enjoy Indian Foothills Park, a beautiful green space offering walking trails, sports fields, and a fishing lake. Marshall is also home to Missouri Valley College, providing educational and cultural opportunities for residents. The city hosts various events throughout the year, including the Saline County Fair and the Marshall Craft Show.
Warrensburg
Warrensburg is a vibrant city located in Johnson County, with a population of approximately 19,768 residents. Home to the University of Central Missouri, Warrensburg offers a lively atmosphere and a range of economic opportunities.
The average home price in Warrensburg is around $155k, providing affordable housing options for residents. Renting an apartment comes at an average monthly cost of approximately $750.
Outdoor recreation can be enjoyed at Blind Boone Park, which features walking trails, sports facilities, and a fishing lake. Warrensburg also hosts events like the Johnson County Fair and the University of Central Missouri's annual Homecoming celebration.
Sedalia
Situated in Pettis County, Sedalia is a thriving city with a population of about 22,039 residents. Known for its rich history and vibrant community, Sedalia offers a variety of amenities.
The average home price in Sedalia is around $97k, making it an affordable place to live. Renting an apartment in Sedalia comes at an average monthly cost of approximately $650.
Outdoor enthusiasts can explore the scenic Katy Trail State Park, which offers opportunities for hiking, biking, and bird-watching. Sedalia is also famous for its annual Missouri State Fair, a beloved event that showcases agriculture, entertainment, and carnival rides. The city boasts historic sites like the Bothwell Lodge State Historic Site and the Katy Depot, which provide glimpses into Sedalia's past.
