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Cost of Living in Pike County

Is it better to rent or buy in Pike 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.

$62,491
$770/mo

Median in area: $770

$153,625

Median in area: $153,625

$30,725

If you Rent

🔑
$999 /mo
Base Rent$770
Est. Utilities$229
% of Income19.2%
Pre-tax Residual$4,209

If you Buy

🏠
$1,211 /mo
P&I (7.137%)$829
Taxes & Ins$153
Est. Utilities$229
% of Income23.3%
Pre-tax Residual$3,997

Compare Nearby Areas

See how Pike County stacks up against neighboring areas.

countyAudrain County, MO
$733/mo
countyCalhoun County, IL
$600/mo
countyPike County, IL
$700/mo
countyRalls County, MO
$746/mo
countyLincoln County, MO
$1,008/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Pike County. The estimated all-in monthly cost for renting is $999, while owning a median-priced home with a 20% down payment is roughly $1,211 per month (a difference of $212).

How much do utilities cost in Pike County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Pike County is approximately $229. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Pike County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $39,960 per year.