Housing costs in Nelson?
A typical home costs
$63,600, which is 81.2% less expensive than the national average of
$338,100 and 70.0% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Nelson costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 33.8% cheaper than the state average of
$950.
Can I afford Nelson?
To live comfortably in Nelson, Missouri, a minimum annual income of
$12,240 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Nelson?
The cost of living in Nelson, MO is very affordable and below the national average. The median home price in the city is $87,400, which is significantly lower than the Missouri state average of $141,400. Rent prices are also quite low compared to other areas of the state, with a one-bedroom apartment averaging at just under $450/month. Groceries and dining out are relatively inexpensive as well. Overall, Nelson’s cost of living makes it an attractive area for those looking for an affordable place to live while still being close to amenities and entertainment.