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Missouri

Cost of living in Shannon County, MO

Estimated monthly cost
$2,490/mo
for a single person, all categories combined

Population 7,137 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $628 25%
Healthcare $480 19%
Federal tax $385 15%
Transport $320 13%
Groceries $313 13%
Energy $194 8%
State tax $120 5%
Water $50 2%

Rent in Shannon County

Fair Market Rents by bedroom count.

Studio
$615
per month
1 bedroom
$628
per month
2 bedroom
$824
per month
3 bedroom
$993
per month
4 bedroom
$1,242
per month

Source: HUD FMR FY2025

Income and earnings in Shannon County

Annual earnings figures from the Census ACS.

Household income
$59,000
per year
Individual earnings
$33,592
per year
Per capita
$25,451
per year

Source: ACS 2019-2023 5-Year.

Home values in Shannon County

Average values reported by homeowners.

Average home value
$151,000
Annual property tax
$652

Source: ACS 2019-2023 5-Year

Energy costs in Shannon 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 Shannon County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
11.3%

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 Shannon 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 Shannon County

Commute patterns and estimated costs.

Average commute
28.9 min
Drive alone
75.5%
Public transit
1.0%
Work from home
9.3%

Source: ACS

Monthly cost estimates for Shannon County

What it costs to live in Shannon County each month.

Single person
$2,490
per month
  • Rent $628
  • Energy $194
  • Water $50
  • Groceries $313
  • Transport $320
  • Healthcare $480
  • Federal tax $385
  • State tax $120
Couple
$3,777
per month
  • Rent $824
  • Energy $233
  • Water $60
  • Groceries $519
  • Transport $420
  • Healthcare $864
  • Federal tax $635
  • State tax $222
Family
$6,068
per month
  • Rent $993
  • Energy $291
  • Water $70
  • Groceries $787
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $635
  • State tax $222

Frequently asked questions about Shannon County

Common questions about cost of living, rent and salary.

What is the average rent in Shannon County?

In Shannon County, MO, a one-bedroom apartment averages $628 per month, a two-bedroom averages $824 per month, a three-bedroom averages $993 per month, according to HUD Fair Market Rent data.

What is the average salary in Shannon County?

In Shannon County, MO, the average household income is $59,000 per year and individual earnings for full-time workers average $33,592 per year, according to U.S. Census Bureau data.

What is the cost of living in Shannon County?

The estimated cost of living in Shannon County, MO is approximately $2,490 per month for a single person, $3,777 for a couple, $6,068 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Shannon County?

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

Is Shannon County an affordable place to live?

Based on the data, a single person in Shannon County, MO would need approximately $2,490 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $59,000 per year ($4,917 per month). Shannon County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Shannon County?

The ACA marketplace benchmark premium in Shannon County, MO is approximately $480 per month for an individual. Approximately 11.3% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Shannon County?

The average home value in Shannon County, MO is $151,000, with average annual property taxes of $652, according to U.S. Census Bureau data.

How does Shannon County compare to other areas?

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