Housing costs in Spanish Lake?
A typical home costs
$135,400, which is 60.0% less expensive than the national average of
$338,100 and 36.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Spanish Lake costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 4.4% cheaper than the state average of
$950.
Can I afford Spanish Lake?
To live comfortably in Spanish Lake, Missouri, a minimum annual income of
$25,920 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Spanish Lake?
The cost of living in Spanish Lake, MO is generally considered to be very affordable. The median home value in Spanish Lake is just over $90,000, and rents average around $600-$700 per month. Groceries, utilities, and healthcare cost slightly more than the US national average but are still reasonable. For those with families, Spanish Lake also offers excellent educational opportunities at both the primary and secondary levels. Overall, living in Spanish Lake is an attractive option for people looking for an affordable place to call home without sacrificing quality of life.