Housing costs in Gower?
A typical home costs
$253,300, which is 25.1% less expensive than the national average of
$338,100 and 19.3% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Gower costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$950.
Can I afford Gower?
To live comfortably in Gower, Missouri, a minimum annual income of
$48,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Gower?
The cost of living in Gower, MO is quite reasonable. The city has an average home value of around $120,000, with the median household income hovering at just over $50,000. This affords residents a relatively low cost of living when compared to other nearby towns and cities. Utility costs are especially low in Gower, with almost all households taking advantage of natural gas for heating and air conditioning needs. Groceries, transportation costs, and other everyday expenses are also more affordable than neighboring cities as well. This makes Gower a great place to live if you're looking for a budget-friendly place to call home.