Housing costs in Arcola?
A typical home costs
$182,300, which is 46.1% less expensive than the national average of
$338,100 and 14.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Arcola costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 25.0% cheaper than the state average of
$950.
Can I afford Arcola?
To live comfortably in Arcola, Missouri, a minimum annual income of
$34,920 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Arcola?
The cost of living in Arcola, MO is relatively low compared to many other cities. Housing costs are particularly affordable, with the median home value being just over $100,000 and the average rent for a two-bedroom apartment coming in around $600 per month. Groceries and other everyday expenses are also relatively cheap, making it an ideal place to live on a budget. Additionally, there is no sales tax charged in Arcola so you can save even more money when shopping here. All in all, life in Arcola is incredibly affordable and makes it easy to stretch your dollars further.