Key Economic Benchmarks
Median Household Income
$55,658$4,638 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Cape Girardeau, MO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Cape Girardeau, MO
Official FY2026 HUD Fair Market Rents for Cape Girardeau, MO-IL MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $763 | $9,156 | $30,520 | 16.5% |
| 1-Bedroom Apartment | $807 | $9,684 | $32,280 | 17.4% |
| 2-Bedroom ApartmentBenchmark | $992 | $11,904 | $39,680 | 21.4% |
| 3-Bedroom Home | $1,380 | $16,560 | $55,200 | 29.8% |
| 4-Bedroom Home | $1,664 | $19,968 | $66,560 | 35.9% |
50/30/20 Living Budget in Cape Girardeau, MO
Based on the local median household income of $55,658/year ($4,638/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Missouri
Explore net income after federal income tax, FICA, and Missouri state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Missouri with official federal datasets:
Frequently Asked Questions About Living in Cape Girardeau, MO
What is the median household income in Cape Girardeau, MO?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Cape Girardeau, MO is $55,658 per year (approximately $4,638 per month).
What is the average rent in Cape Girardeau, MO?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Cape Girardeau, MO are $763 for a studio, $807 for 1 bedroom, $992 for 2 bedrooms, $1,380 for 3 bedrooms, and $1,664 for 4 bedrooms.
How does the cost of living in Cape Girardeau, MO compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Cape Girardeau, MO is 86.1 (13.9% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Cape Girardeau, MO?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($992/month) in Cape Girardeau, MO requires a minimum gross household income of $39,680 per year ($3,307 per month).
What is a balanced 50/30/20 monthly budget in Cape Girardeau, MO?
For a typical household earning the median income of $55,658/year ($4,638/month) in Cape Girardeau, MO, a balanced 50/30/20 budget allocates $2,319/month to essential needs (rent, utilities, groceries), $1,391/month to discretionary spending, and $928/month to savings and debt repayment.
What are typical electricity and utility costs in Cape Girardeau, MO?
Residential electricity rates in Missouri average 16.2¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $146 per month.