Housing costs in Olean?
A typical home costs
$186,400, which is 44.9% less expensive than the national average of
$338,100 and 12.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Olean costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 18.8% cheaper than the state average of
$950.
Can I afford Olean?
To live comfortably in Olean, Missouri, a minimum annual income of
$35,640 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Olean?
Olean, MO is an affordable place to live with a low cost of living. The median home cost in Olean is about $104,100 which is below the national average. This low housing cost combined with a median household income of approximately $50,000 and an overall tax rate of 7.855% makes Olean an attractive option for people looking to stay within budget. Additionally, the cost of utilities such as gas and electricity are also lower than the national average. All in all, Olean is a great option for those who want to stay within their budget without sacrificing quality of life.