Housing costs in New Melle?
A typical home costs
$379,200, which is 12.2% more expensive than the national average of
$338,100 and 78.6% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in New Melle costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 15.9% more than the state average of
$950.
Can I afford New Melle?
To live comfortably in New Melle, Missouri, a minimum annual income of
$72,720 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about New Melle?
The cost of living in New Melle, MO is relatively low compared to the national average. The median home price is around $220,000, which is significantly lower than the median price found in other parts of the country. Renting a two-bedroom apartment can range from $800 to $1200 per month, depending on location and amenities offered. Groceries are affordable too; basic necessities will cost around 10-15% less than the national average. There are various restaurants and stores in New Melle that offer reasonable prices for goods and services. Overall, living in New Melle is quite affordable and will not stretch your budget too far.