Plato, MO Cost of Living


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United States / Missouri / No Metro Area / Texas County / Plato / Zip Codes
How much do I need to live in Plato, Missouri?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Plato cost of living score
75.5
Less expensive
24.5% lower
than the US average
11.8% lower
than the Missouri average
Plato, Missouri gets a BestPlaces Cost of Living score of 75.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.5% lower than the U.S. average and 11.8% higher than the average for Missouri.

Plato, MO

Housing costs in Plato?
A typical home costs $185,700, which is 45.1% less expensive than the national average of $338,100 and 12.5% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Plato costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 26.7% cheaper than the state average of $950.

Can I afford Plato?
To live comfortably in Plato, Missouri, a minimum annual income of $35,640 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Plato?
The cost of living in Plato, MO is quite reasonable. The average rent for a one-bedroom apartment is $619 per month, and the median home value is $103,500. This makes it an affordable place to live for families or individuals who are on a budget. The median household income in Plato is $48,201, which is slightly lower than the national average but still enough to afford housing and other basic amenities. Groceries can be purchased at local stores or farmers' markets for reasonable prices. Taxes are relatively low compared to other parts of Missouri, so overall the cost of living in Plato is quite competitive.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPlatoMissouriUnited States
    Unlock85.6100.0
  96.8  Unlock100.0
    Unlock104.3100.0
  54.3  Unlock100.0
    Unlock$212,300$338,100
  95.1  Unlock100.0
    Unlock86.2100.0
  70.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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