Housing costs in Nevada?
A typical home costs
$131,400, which is 61.1% less expensive than the national average of
$338,100 and 38.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Nevada costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 20.3% cheaper than the state average of
$950.
Can I afford Nevada?
To live comfortably in Nevada, Missouri, a minimum annual income of
$25,200 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Nevada?
The cost of living in Nevada, MO is relatively affordable compared to other areas in the U.S. According to BestPlaces.net, the cost of living index for Nevada is 78.7, which is lower than the national average of 100. The median home cost in Nevada is $86,800 which is significantly lower than the national average of $233,000 and even more affordable than nearby cities such as Kansas City (median home price: $145,500). Additionally, there are no state income taxes in Missouri which helps to bring down the overall cost of living in Nevada. With its low real estate prices and lack of state income tax, Nevada offers residents a comfortable lifestyle at an affordable price.