Housing costs in Wellsville?
A typical home costs
$114,200, which is 66.2% less expensive than the national average of
$338,100 and 46.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Wellsville costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 30.1% cheaper than the state average of
$950.
Can I afford Wellsville?
To live comfortably in Wellsville, Missouri, a minimum annual income of
$21,960 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Wellsville?
Wellsville, MO is known for its low cost of living. The city’s overall cost of living index typically falls below the national average, making it an attractive destination for those looking to save money. According to one study, Wellsville's cost of living was 9% lower than the national average in 2019. The housing market is particularly inexpensive, with median home values in Wellsville being 22% lower than the national average. The costs of groceries and utilities also tend to be lower compared to other cities in Missouri. All-in-all, Wellsville's low cost of living makes it a great place for families and individuals seeking more affordable housing options.