Jerico Springs, MO Cost of Living


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United States / Missouri / No Metro Area / Cedar County / Jerico Springs / Zip Codes

Jerico Springs cost of living score
75.9
Less expensive
24.1% lower
than the US average
11.3% lower
than the Missouri average
Jerico Springs, Missouri gets a BestPlaces Cost of Living score of 75.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.1% lower than the U.S. average and 11.3% higher than the average for Missouri.

Jerico Springs, MO

Housing costs in Jerico Springs?
A typical home costs $161,400, which is 52.3% less expensive than the national average of $338,100 and 24.0% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Jerico Springs costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 28.4% cheaper than the state average of $950.

Can I afford Jerico Springs?
To live comfortably in Jerico Springs, Missouri, a minimum annual income of $30,960 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Jerico Springs?
The cost of living in Jerico Springs, MO is quite affordable compared to other parts of the country. The median home value in Jerico Springs is $107,818 and the median rent is $600/month. The average price for gas is around 3.20 per gallon, while groceries are a bit more expensive at an average of around 4.00 per gallon. Utility costs are also relatively low with electricity averaging around 9.50 per kWh and natural gas averaging 6.71 per therm. Overall, Jerico Springs has a lower cost of living than most other places in the US, making it an attractive option for people looking for cheaper housing options.
   Cost of living score
     CategoriesJerico SpringsMissouriUnited States
  75.985.6100.0
  93.494.9100
  102.3104.3100.0
  38.466.5100.0
  $161,400$212,300$338,100
  102.5%98.5%100.0%
  76.886.2100.0
  56.485.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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