Housing costs in Iberia?
A typical home costs
$160,100, which is 52.6% less expensive than the national average of
$338,100 and 24.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Iberia costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 17.3% cheaper than the state average of
$950.
Can I afford Iberia?
To live comfortably in Iberia, Missouri, a minimum annual income of
$30,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Iberia?
The cost of living in Iberia, MO is quite reasonable compared to other areas in the United States. According to Sperling's Best Places, the overall cost of living index for Iberia is at an affordable 84.7. This makes it slightly less expensive than the national average, which is currently at 100. Housing costs make up the largest portion of a person’s budget; however, in Iberia these costs remain surprisingly low compared to other cities in the country. Despite this, there are still plenty of employment opportunities and various amenities available for residents to enjoy.