Housing costs in Laddonia?
A typical home costs
$120,900, which is 64.2% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Laddonia costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 23.4% cheaper than the state average of
$950.
Can I afford Laddonia?
To live comfortably in Laddonia, Missouri, a minimum annual income of
$23,040 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Laddonia?
The cost of living in Laddonia, MO is very affordable. According to the Missouri Economic Research and Information Center, the overall cost of living index in Laddonia is 87.9, which is 13.1 points lower than the national average. This makes it an attractive option for people looking to save money on their monthly expenses while still living a comfortable lifestyle. The median home value in Laddonia is also lower than the median home value across the state of Missouri, meaning that those looking to buy a house can get great value for their money. Renters can also find apartments and homes at reasonable rates, with most rents falling below $1000 per month. All in all, living in Laddonia can be a great choice for anyone looking for an affordable place to live without sacrificing quality of life.