Housing costs in Laredo?
A typical home costs
$71,000, which is 79.0% less expensive than the national average of
$338,100 and 66.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Laredo costs
$580 per month, which is 59.4% cheaper than the national average of
$1,430 and 63.8% cheaper than the state average of
$950.
Can I afford Laredo?
To live comfortably in Laredo, Missouri, a minimum annual income of
$13,680 for a family, and
$18,000 for a single person is recommended.
What does A.I. say about Laredo?
The cost of living in Laredo, MO is fairly low compared to other areas in the country. The median home value in the city is just under $100,000, and the monthly rent for a one-bedroom apartment averages around $525. This makes it an attractive option for those looking for an affordable place to live. Additionally, utilities like electricity and water are below the national average. Groceries tend to be slightly more expensive than the national average, but overall Laredo remains a relatively inexpensive place to live.