Housing costs in Elmo?
A typical home costs
$99,400, which is 70.6% less expensive than the national average of
$338,100 and 53.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Elmo costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 20.3% cheaper than the state average of
$950.
Can I afford Elmo?
To live comfortably in Elmo, Missouri, a minimum annual income of
$19,080 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Elmo?
Elmo, MO is a great place to call home due to its affordable cost of living. The average price for housing in Elmo is quite low compared to other cities in the state, with the median home value coming in at just over $100,000. Even more impressive is the extremely low cost of utilities, which averages around $70 per month. Eating out can also be quite affordable in Elmo with a meal costing between $10 and $15 per person. Overall, Elmo is an attractive destination for those looking for a budget-friendly place to live.