Housing costs in Elmira?
A typical home costs
$149,700, which is 55.7% less expensive than the national average of
$338,100 and 29.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Elmira costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 17.4% more than the state average of
$950.
Can I afford Elmira?
To live comfortably in Elmira, Missouri, a minimum annual income of
$28,800 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Elmira?
The cost of living in Elmira, MO is quite affordable compared to many other areas. The median home value across the city is around $80,000, making it much more accessible for first time buyers or those looking to downsize. Rent prices are also fairly low with the average rent for a two bedroom apartment costing around $630 per month. The overall cost of living index is much lower than the national average, at 87 against the national figure of 100. This makes Elmira an attractive option for those seeking affordable housing options in a rural setting.