Potosi, MO Cost of Living


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Potosi cost of living score
73.7
Less expensive
26.3% lower
than the US average
13.9% lower
than the Missouri average
Potosi, Missouri gets a BestPlaces Cost of Living score of 73.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.3% lower than the U.S. average and 13.9% higher than the average for Missouri.

Potosi, MO

Housing costs in Potosi?
A typical home costs $140,300, which is 58.5% less expensive than the national average of $338,100 and 33.9% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Potosi costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 28.4% cheaper than the state average of $950.

Can I afford Potosi?
To live comfortably in Potosi, Missouri, a minimum annual income of $27,000 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Potosi?
The cost of living in Potosi, MO is quite affordable. The city has a low median household income of just $30,542 and the cost of housing is also quite reasonable. According to recent data from BestPlaces, the median home value in Potosi is just $77,100 which represents an 18% increase from the previous year. Further, the average monthly rent for a two-bedroom apartment is only $579 making it one of the most affordable cities to live in Missouri. Additionally, groceries and utility bills are also fairly inexpensive relative to other areas in the state. All in all, Potosi is an excellent place to live due to its cost effective lifestyle options.
   Cost of living score
     CategoriesPotosiMissouriUnited States
  73.785.6100.0
  93.394.9100
  95.4104.3100.0
  32.666.5100.0
  $140,300$212,300$338,100
  93.2%98.5%100.0%
  79.086.2100.0
  71.385.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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