Cost of Living in De Soto, MO
Cost of Living in De Soto, MO has an overall index of 72, 28% below the U.S. baseline of 100. The typical home value is $144,000; typical monthly rent is $828; and median household income is $46,181.
Cost index: committed city housing/rent inputs and BEA 2024 metro-area price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Rent and home prices are comparatively balanced with local income. This describes the local market, not your household.
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Frequently asked questions about De Soto
Living in De Soto
Is De Soto, MO an affordable place to live?+
Yes — everyday expenses in De Soto run about 28% below the US average (Cost Index: 72). Housing is especially affordable: the median home is valued around $144,000, compared to the $303,400 national median. Monthly rent is $828, versus $1,348 nationally.
How does De Soto fit a household housing budget?+
Start with housing. Typical monthly rent is $828, while local median household income is $46,181. That implies a rent-burden proxy of about 22% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in De Soto, MO?+
Missouri uses an approximate state-income-tax planning model; 4.8% is top marginal-rate context from the tax snapshot. Applying the 0.97% state-level effective owner-occupied proxy to a home worth $144,000 gives a planning estimate near $1,397 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 8.29%.
How much does it cost to rent in De Soto, MO?+
The typical monthly rent in De Soto is around $828. That's roughly 39% lower than the $1,348 national median. For comparison, the median home value here is $144,000, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in De Soto, MO?+
The typical home value in De Soto is $144,000. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $699/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 59% of residents here own their homes.
Are groceries and utilities expensive in De Soto?+
Grocery prices in De Soto are about average compared to the rest of the US (index: 100, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 70). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is De Soto, MO like to live in?+
De Soto is a small town with a population of about 6,452. The median age of residents is 32.6, which is close to the national median. The local poverty rate is 14.71%, near the national average of 12.4%.