Housing costs in Lake Lotawana?
A typical home costs
$510,400, which is 51.0% more expensive than the national average of
$338,100 and 140.4% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lake Lotawana 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 Lake Lotawana?
To live comfortably in Lake Lotawana, Missouri, a minimum annual income of
$97,920 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Lake Lotawana?
The cost of living in Lake Lotawana, MO is quite reasonable compared to other cities in the state. The average home price in the area is around $150,000 and rent averages around $850 per month. For groceries, basic items can be found for a reasonable price and restaurants are generally affordable as well. Utilities such as electricity and gas are equally as inexpensive, averaging around $100 per month. In addition, there is no state income tax in Missouri so overall residents have more money to spend on other areas of life.