Housing costs in St. Louis?
A typical home costs
$152,600, which is 54.9% less expensive than the national average of
$338,100 and 30.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in St. Louis costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 23.6% cheaper than the state average of
$1,100.
Can I afford St. Louis?
To live comfortably in St. Louis, Michigan, a minimum annual income of
$29,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about St. Louis?
The cost of living in St. Louis is surprisingly low compared to other cities in the United States. The cost of housing is one of the most affordable in the country, with an average home price well below that found in other major metropolitan areas. Additionally, the cost of utilities and other essentials such as food and clothing remain relatively low when compared to other cities. This makes St. Louis an ideal place to live for those looking for a lower-cost area with plenty of activities and amenities.