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Cost of Living in Scott County

Is it better to rent or buy in Scott 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.

$62,937
$858/mo

Median in area: $858

$160,267

Median in area: $160,267

$32,053

If you Rent

🔑
$1,056 /mo
Base Rent$858
Est. Utilities$198
% of Income20.1%
Pre-tax Residual$4,189

If you Buy

🏠
$1,264 /mo
P&I (7.154%)$866
Taxes & Ins$200
Est. Utilities$198
% of Income24.1%
Pre-tax Residual$3,980

Compare Nearby Areas

See how Scott County stacks up against neighboring areas.

countyNew Madrid County, MO
$714/mo
countyMississippi County, MO
$754/mo
countyAlexander County, IL
$701/mo
countyCape Girardeau County, MO
$919/mo
countyStoddard County, MO
$755/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Scott County. The estimated all-in monthly cost for renting is $1,056, while owning a median-priced home with a 20% down payment is roughly $1,264 per month (a difference of $208).

How much do utilities cost in Scott County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Scott County is approximately $198. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Scott County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,240 per year.