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Cost of Living in Dade County

Is it better to rent or buy in Dade County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$54,509
$682/mo

Median in area: $682

$169,655

Median in area: $169,655

$33,931

If you Rent

🔑
$928 /mo
Base Rent$682
Est. Utilities$246
% of Income20.4%
Pre-tax Residual$3,614

If you Buy

🏠
$1,379 /mo
P&I (7.206%)$922
Taxes & Ins$211
Est. Utilities$246
% of Income30.4%
Pre-tax Residual$3,164

Compare Nearby Areas

See how Dade County stacks up against neighboring areas.

countyPolk County, MO
$807/mo
countyGreene County, MO
$1,076/mo
countyBarton County, MO
$737/mo
countyLawrence County, MO
$840/mo
countyCedar County, MO
$735/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Dade County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Dade County. The estimated all-in monthly cost for renting is $928, while owning a median-priced home with a 20% down payment is roughly $1,379 per month (a difference of $451).

How much do utilities cost in Dade County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Dade County is approximately $246. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Dade County?›

To comfortably afford the median rent and utilities in Dade County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $37,120 per year.