Housing costs in Merriam Woods?
A typical home costs
$134,600, which is 60.2% less expensive than the national average of
$338,100 and 36.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Merriam Woods costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 9.2% cheaper than the state average of
$950.
Can I afford Merriam Woods?
To live comfortably in Merriam Woods, Missouri, a minimum annual income of
$25,920 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Merriam Woods?
Merriam Woods, MO has a relatively low cost of living compared to most cities. The median home price in Merriam Woods is approximately $139,000, which is significantly cheaper than the national average of $255,600. Additionally, grocery and health care costs are below the national average. Utility bills tend to be slightly higher than other areas due to the fact that Merriam Woods is not an energy-efficient city. However, overall it is still an affordable place to live with many amenities and attractions available for residents.