Housing costs in Ravenwood?
A typical home costs
$185,600, which is 45.1% less expensive than the national average of
$338,100 and 12.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Ravenwood 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 Ravenwood?
To live comfortably in Ravenwood, Missouri, a minimum annual income of
$35,640 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Ravenwood?
Ravenwood has a relatively low cost of living compared to other cities in the United States, making it an attractive place to live. The median home price is around $115,000, which is much lower than the national average. The median rent for a two-bedroom home is around $750 per month. Property taxes are also quite low at only 0.65% of assessed home value. Additionally, groceries and utilities tend to be less expensive than in other cities across the country. All these factors make Ravenwood an affordable option for those looking to settle down and enjoy all that this small town has to offer.