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Missouri

Cost of living in Montgomery County, MO

Estimated monthly cost
$2,623/mo
for a single person, all categories combined

Population 11,422 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $628 24%
Federal tax $492 19%
Healthcare $480 18%
Transport $320 12%
Groceries $313 12%
Energy $194 7%
State tax $146 6%
Water $50 2%

Rent in Montgomery County

Fair Market Rents by bedroom count.

Studio
$624
per month
1 bedroom
$628
per month
2 bedroom
$824
per month
3 bedroom
$1,146
per month
4 bedroom
$1,250
per month

Source: HUD FMR FY2025

Income and earnings in Montgomery County

Annual earnings figures from the Census ACS.

Household income
$61,042
per year
Individual earnings
$40,159
per year
Per capita
$29,876
per year

Source: ACS 2019-2023 5-Year.

Home values in Montgomery County

Average values reported by homeowners.

Average home value
$171,300
Annual property tax
$1,282

Source: ACS 2019-2023 5-Year

Energy costs in Montgomery County

Estimated monthly electricity and gas costs.

Electricity
$142
per month · 14.2¢/kWh
Natural gas
$52
per month
Annual total
$2,328
per year

Source: EIA

Healthcare in Montgomery County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
10.0%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Montgomery County

State and local tax rates for Missouri.

State income tax
4.8%
Top marginal rate
State sales tax
4.2%
Combined sales tax
8.3%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Montgomery County

Commute patterns and estimated costs.

Average commute
28.1 min
Drive alone
77.0%
Public transit
0.0%
Work from home
7.9%

Source: ACS

Monthly cost estimates for Montgomery County

What it costs to live in Montgomery County each month.

Single person
$2,623
per month
  • Rent $628
  • Energy $194
  • Water $50
  • Groceries $313
  • Transport $320
  • Healthcare $480
  • Federal tax $492
  • State tax $146
Couple
$3,819
per month
  • Rent $824
  • Energy $233
  • Water $60
  • Groceries $519
  • Transport $420
  • Healthcare $864
  • Federal tax $669
  • State tax $230
Family
$6,263
per month
  • Rent $1,146
  • Energy $291
  • Water $70
  • Groceries $787
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $669
  • State tax $230

Frequently asked questions about Montgomery County

Common questions about cost of living, rent and salary.

What is the average rent in Montgomery County?

In Montgomery County, MO, a one-bedroom apartment averages $628 per month, a two-bedroom averages $824 per month, a three-bedroom averages $1,146 per month, according to HUD Fair Market Rent data.

What is the average salary in Montgomery County?

In Montgomery County, MO, the average household income is $61,042 per year and individual earnings for full-time workers average $40,159 per year, according to U.S. Census Bureau data.

What is the cost of living in Montgomery County?

The estimated cost of living in Montgomery County, MO is approximately $2,623 per month for a single person, $3,819 for a couple, $6,263 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Montgomery County?

The combined sales tax rate in Montgomery County, MO is 8.29%, which includes the Missouri state rate of 4.22% plus an average local rate of 4.06%.

Is Montgomery County an affordable place to live?

Based on the data, a single person in Montgomery County, MO would need approximately $2,623 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $61,042 per year ($5,087 per month). Montgomery County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Montgomery County?

The ACA marketplace benchmark premium in Montgomery County, MO is approximately $480 per month for an individual. Approximately 10.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Montgomery County?

The average home value in Montgomery County, MO is $171,300, with average annual property taxes of $1,282, according to U.S. Census Bureau data.

How does Montgomery County compare to other areas?

You can compare Montgomery County, MO with any other US county using our comparison tool at /compare. Montgomery County is in Missouri.

Other counties in Missouri

Browse the full list of counties in Missouri, ranked by cost of living.

See all counties in Missouri

Compare Montgomery County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources