Housing costs in Alton?
A typical home costs
$135,700, which is 59.9% less expensive than the national average of
$338,100 and 36.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Alton costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 26.7% cheaper than the state average of
$950.
Can I afford Alton?
To live comfortably in Alton, Missouri, a minimum annual income of
$25,920 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Alton?
Alton, MO has a relatively low cost of living compared to other towns in the region. The median home value is around $48,000 and the median household income is around $35,000. Rent for a one-bedroom apartment averages about $400 monthly. Utilities are also quite affordable in Alton, with households paying an average of $155 per month for basic services such as electricity, water and sewer. Groceries are also quite reasonably priced here, with residents spending an average of about $338 per month on food items. Overall, Alton offers a very affordable lifestyle that makes it an attractive place to live for people who want to save money while still enjoying all the amenities of a small town.