Housing costs in Lucerne?
A typical home costs
$142,600, which is 57.8% less expensive than the national average of
$338,100 and 32.8% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lucerne costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 30.1% cheaper than the state average of
$950.
Can I afford Lucerne?
To live comfortably in Lucerne, Missouri, a minimum annual income of
$27,360 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Lucerne?
The cost of living in Lucerne, MO is somewhat higher than the national average. Although housing costs are relatively low - the median home value is around $80,000 - other expenses like groceries, healthcare, and transportation tend to be more costly in the area. Additionally, utility costs tend to be higher due to the rural location of Lucerne and its distance from larger cities. However, this increased cost of living is often offset by a lower tax rate or local incentives such as reduced rates for certain services. Despite its relatively high cost of living, Lucerne remains an attractive place to live due to its natural beauty and unique cultural attractions.