New Home, MO Economy


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New Home, MO is a small town with plenty of things to do. It has an affordable cost of living with a two bedroom rent of only $750 compared to the national average of $1,430. Grocery costs are also lower in New Home as evidenced by its grocery cost index which stands at 93 compared to the US’s 100. Local companies and businesses include New Home Hardware, Farmers Market and Country Grocery Store, The Diner, Extreme Adventure Company and Music Venue, and Backwoods Sporting Goods. All these offer quality products or services that make it a great place to live for those looking for an affordable lifestyle.

Income by Population Percent

  EconomyNew Home, MissouriUnited States
  4.36
  -2.6%-6.2%
  28.8%33.5%
  5.2%6.2%
  5.4%4.6%
  $40,011$37,638
Household Income 69021
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