Housing costs in Springfield?
A typical home costs
$217,200, which is 35.8% less expensive than the national average of
$338,100 and 2.3% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Springfield costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 6.7% cheaper than the state average of
$950.
Can I afford Springfield?
To live comfortably in Springfield, Missouri, a minimum annual income of
$41,760 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Springfield?
In Springfield, Missouri housing remains affordable which makes it attractive to people seeking an escape from high rates elsewhere - median house values rest below the national average at around $150K while rent for a one bedroom typically hovers between $600 - 900 per month depending on area or building type chosen. Necessities such as food and utilities have been estimated to stay close to U.S averages with tax rates slightly lower than some rural parts of the country though still higher than others cities across Missouri .