Housing costs in Mingo?
A typical home costs
$228,400, which is 32.4% less expensive than the national average of
$338,100 and 7.6% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Mingo costs
$940 per month, which is 34.3% more than the national average of
$1,430 and close to the state average of
$950.
Can I afford Mingo?
To live comfortably in Mingo, Missouri, a minimum annual income of
$43,920 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Mingo?
Mingo, MO has a relatively low cost of living compared to other areas in the U.S. The median home cost in Mingo is around $86,000 which is much lower than the national average. Additionally, food costs and transportation costs are also relatively low due to the small size of Mingo’s population. As a result, many people choose to move to Mingo for its affordability when compared to larger cities. Furthermore, with Mingo’s warm climate and its proximity to other areas of Missouri with more amenities such as St Louis and Kansas City, it makes for an ideal location for those looking for a more affordable lifestyle without sacrificing on convenience or access to activities.