Housing costs in Montrose?
A typical home costs
$216,700, which is 35.9% less expensive than the national average of
$338,100 and 2.1% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Montrose costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 15.9% cheaper than the state average of
$950.
Can I afford Montrose?
To live comfortably in Montrose, Missouri, a minimum annual income of
$41,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Montrose?
The cost of living in Montrose, MO is relatively low compared to the national average. Housing is affordable, with median home prices hovering around $100,000 and median rental rates just over $650. Groceries, utilities, and other essentials are also inexpensive when compared to the rest of the country. On top of this, the unemployment rate in Montrose is among the lowest in Missouri, further contributing to its affordability. Overall, living in Montrose can be quite doable for those on a budget.