Housing costs in Shrewsbury?
A typical home costs
$259,800, which is 23.2% less expensive than the national average of
$338,100 and 22.4% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Shrewsbury costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 7.8% more than the state average of
$950.
Can I afford Shrewsbury?
To live comfortably in Shrewsbury, Missouri, a minimum annual income of
$49,680 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Shrewsbury?
Shrewsbury, MO is a very affordable place to live. The cost of living in the city is 14% below the national average and housing costs are also fairly low compared to other cities in the area. The median home value is $143,200, which is lower than most of its surrounding cities. In addition, the average rent for a one-bedroom apartment in Shrewsbury is only $735, which is quite low compared to larger cities like St. Louis. Moreover, groceries and utilities are significantly cheaper than national averages as well. With all these factors taken into account, Shrewsbury provides excellent affordability for those looking for a place to call home.