Housing costs in Palmyra?
A typical home costs
$192,500, which is 43.1% less expensive than the national average of
$338,100 and 9.3% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Palmyra 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 Palmyra?
To live comfortably in Palmyra, Missouri, a minimum annual income of
$36,720 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Palmyra?
The cost of living in Palmyra, MO is quite reasonable. The area has an overall cost of living index of 84.7, which is below the national average. Housing costs are especially favorable, with a median home price of just $90,000 and rental costs that are lower than the national average. Food and healthcare costs are also cheaper than in most other areas in the US. Overall, Palmyra is a great place to live for those looking for an affordable lifestyle without sacrificing quality of life.