Housing costs in El Dorado Springs?
A typical home costs
$134,900, which is 60.1% less expensive than the national average of
$338,100 and 36.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in El Dorado Springs 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 El Dorado Springs?
To live comfortably in El Dorado Springs, Missouri, a minimum annual income of
$25,920 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about El Dorado Springs?
El Dorado Springs, MO is a great place to live with a low cost of living. The median home value in the city is just over $70,000 and the median household income is just over $34,000. Despite being located in rural Missouri, there are plenty of inexpensive grocery stores and restaurants throughout the town. The cost of transportation is also very reasonable, with gas prices being much lower than most other parts of the country. In addition, utilities are low as well due to the area's natural resources such as wind and solar energy providing residents with access to cheap energy sources. All in all El Dorado Springs, MO makes living affordable for everyone and provides an excellent quality of life for its citizens.