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Missouri

Cost of living in New Madrid County, MO

Estimated monthly cost
$2,540/mo
for a single person, all categories combined

Population 16,041 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $643 25%
Healthcare $480 19%
Federal tax $413 16%
Transport $320 13%
Groceries $313 12%
Energy $194 8%
State tax $127 5%
Water $50 2%

Rent in New Madrid County

Fair Market Rents by bedroom count.

Studio
$629
per month
1 bedroom
$643
per month
2 bedroom
$843
per month
3 bedroom
$1,017
per month
4 bedroom
$1,118
per month

Source: HUD FMR FY2025

Income and earnings in New Madrid County

Annual earnings figures from the Census ACS.

Household income
$49,237
per year
Individual earnings
$35,343
per year
Per capita
$28,435
per year

Source: ACS 2019-2023 5-Year.

Home values in New Madrid County

Average values reported by homeowners.

Average home value
$105,500
Annual property tax
$746

Source: ACS 2019-2023 5-Year

Energy costs in New Madrid 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 New Madrid County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
12.7%

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 New Madrid 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 New Madrid County

Commute patterns and estimated costs.

Average commute
20.8 min
Drive alone
86.2%
Public transit
0.0%
Work from home
3.3%

Source: ACS

Monthly cost estimates for New Madrid County

What it costs to live in New Madrid County each month.

Single person
$2,540
per month
  • Rent $643
  • Energy $194
  • Water $50
  • Groceries $313
  • Transport $320
  • Healthcare $480
  • Federal tax $413
  • State tax $127
Couple
$3,603
per month
  • Rent $843
  • Energy $233
  • Water $60
  • Groceries $519
  • Transport $420
  • Healthcare $864
  • Federal tax $481
  • State tax $183
Family
$5,899
per month
  • Rent $1,017
  • Energy $291
  • Water $70
  • Groceries $787
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $481
  • State tax $183

Frequently asked questions about New Madrid County

Common questions about cost of living, rent and salary.

What is the average rent in New Madrid County?

In New Madrid County, MO, a one-bedroom apartment averages $643 per month, a two-bedroom averages $843 per month, a three-bedroom averages $1,017 per month, according to HUD Fair Market Rent data.

What is the average salary in New Madrid County?

In New Madrid County, MO, the average household income is $49,237 per year and individual earnings for full-time workers average $35,343 per year, according to U.S. Census Bureau data.

What is the cost of living in New Madrid County?

The estimated cost of living in New Madrid County, MO is approximately $2,540 per month for a single person, $3,603 for a couple, $5,899 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in New Madrid County?

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

Is New Madrid County an affordable place to live?

Based on the data, a single person in New Madrid County, MO would need approximately $2,540 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $49,237 per year ($4,103 per month). New Madrid County has a moderate cost of living relative to local earnings.

How much does healthcare cost in New Madrid County?

The ACA marketplace benchmark premium in New Madrid County, MO is approximately $480 per month for an individual. Approximately 12.7% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in New Madrid County?

The average home value in New Madrid County, MO is $105,500, with average annual property taxes of $746, according to U.S. Census Bureau data.

How does New Madrid County compare to other areas?

You can compare New Madrid County, MO with any other US county using our comparison tool at /compare. New Madrid 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 New Madrid 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