Housing costs in Homestown?
A typical home costs
$42,000, which is 87.6% less expensive than the national average of
$338,100 and 80.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Homestown costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 39.7% cheaper than the state average of
$950.
Can I afford Homestown?
To live comfortably in Homestown, Missouri, a minimum annual income of
$7,920 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Homestown?
The cost of living in Homestown, MO is quite reasonable compared to other similar-sized cities. The median home price is only slightly above the national average, and utilities are also generally lower than most places. Additionally, the unemployment rate averages out at a very low number, meaning that residents have access to plenty of jobs and can find employment easily. Grocery prices are also quite affordable, so people can find everything they need without breaking the bank. In short, living in Homestown is an economical choice for anyone who wants a comfortable quality of life without having to pay too much money.