Housing costs in Elmer?
A typical home costs
$143,100, which is 57.7% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Elmer 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 Elmer?
To live comfortably in Elmer, Missouri, a minimum annual income of
$27,360 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Elmer?
The cost of living in Elmer, MO is quite reasonable. The median home cost in Elmer is around $80,000 which is relatively low compared to the rest of the state. The average rent in Elmer is also quite low, averaging around $500 per month for a one-bedroom apartment. Utilities and other expenses are also quite affordable, making it an ideal place to live on a budget. Additionally, the tax rate in Elmer is lower than most surrounding cities and towns, meaning that residents have more money available to spend on their daily needs and wants.