Housing costs in Cobalt?
A typical home costs
$56,300, which is 83.3% less expensive than the national average of
$338,100 and 73.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Cobalt costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 15.9% cheaper than the state average of
$950.
Can I afford Cobalt?
To live comfortably in Cobalt, Missouri, a minimum annual income of
$10,800 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Cobalt?
The cost of living in Cobalt, MO is quite reasonable. The median home price in the city is around $100,000, significantly lower than the national median. Renters will find that rent prices are much more affordable than other parts of the country. Groceries and general goods are also much cheaper than the national average. Residents can also benefit from the low taxes here as well. Overall, Cobalt is an affordable place to live with a great quality of life.