Newburg, MO Cost of Living


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Newburg cost of living score
79.2
Less expensive
20.8% lower
than the US average
7.5% lower
than the Missouri average
Newburg, Missouri gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 7.5% higher than the average for Missouri.

Newburg, MO

Housing costs in Newburg?
A typical home costs $65,000, which is 80.8% less expensive than the national average of $338,100 and 69.4% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Newburg costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 8.0% cheaper than the state average of $950.

Can I afford Newburg?
To live comfortably in Newburg, Missouri, a minimum annual income of $12,600 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Newburg?
The cost of living in Newburg, MO is quite affordable compared to other areas in the region. The average cost for housing, groceries and utilities is lower than both the national and state averages, making it an ideal place to live for those looking to stretch their budget further. The median home cost in Newburg is around $112,000, which is significantly below the national average of $200,000. Grocery prices are also lower than many surrounding areas and utilities are fairly reasonable as well. With such affordable costs of living, it's no wonder that many people choose to settle down in Newburg and enjoy a comfortable life in a charming town.
   Cost of living score
     CategoriesNewburgMissouriUnited States
  79.285.6100.0
  93.894.9100
  120.8104.3100.0
  40.766.5100.0
  $65,000$212,300$338,100
  91.5%98.5%100.0%
  68.986.2100.0
  70.385.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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