Housing costs in Rensselaer?
A typical home costs
$180,000, which is 46.8% less expensive than the national average of
$338,100 and 15.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Rensselaer 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 Rensselaer?
To live comfortably in Rensselaer, Missouri, a minimum annual income of
$34,560 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Rensselaer?
The cost of living in Rensselaer, MO is quite affordable. The area is known for its low prices on groceries and other everyday items. Prices on some utilities like electricity and water are a bit higher than average, however the overall cost to live in this small town is quite reasonable. Rent costs in Rensselaer are also lower than the national average, which makes it an ideal place for people looking to make ends meet while still enjoying the small-town life.