Housing costs in Old Monroe?
A typical home costs
$274,200, which is 18.9% less expensive than the national average of
$338,100 and 29.2% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Old Monroe costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$950.
Can I afford Old Monroe?
To live comfortably in Old Monroe, Missouri, a minimum annual income of
$52,560 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Old Monroe?
The cost of living in Old Monroe, MO is incredibly affordable. It is significantly more budget-friendly than living in larger cities and towns. The median home value in Old Monroe is roughly $176,000, which is much lower than the national average. Additionally, the average cost of utilities for a three bedroom house is only around $140 - $180 per month. Renters can also find some great deals when it comes to affordability, as most apartments are around $650 - $750 per month. All in all, it's easy to see why Old Monroe is such an attractive place to live for those who want a high quality of life without breaking the bank.