Housing costs in Gray Summit?
A typical home costs
$186,100, which is 45.0% less expensive than the national average of
$338,100 and 12.3% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Gray Summit 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 Gray Summit?
To live comfortably in Gray Summit, Missouri, a minimum annual income of
$35,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Gray Summit?
The cost of living in Gray Summit, MO is relatively low when compared to the national average. The median home value in Gray Summit is $103,400 with median rents being around $800 per month. The cost of groceries, utilities, and transportation are all lower than the national average as well. This makes it an attractive place to live for those looking for a more affordable lifestyle. Additionally, there are many opportunities for employment within the city limits and the surrounding areas providing residents with a number of options to make a living.