Housing costs in Reeds Spring?
A typical home costs
$215,800, which is 36.2% less expensive than the national average of
$338,100 and 1.6% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Reeds Spring costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$950.
Can I afford Reeds Spring?
To live comfortably in Reeds Spring, Missouri, a minimum annual income of
$41,400 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Reeds Spring?
The cost of living in Reeds Spring, MO is quite affordable compared to many other locations. The median home value is $171,400, which is lower than the national average of $184,700. Renters pay an average of $710 per month for a two-bedroom apartment and groceries are about 10% lower than the national average. Utilities are also relatively inexpensive with electricity costing around 9.4 cents per kilowatt hour and natural gas costing an average of $1.17 per therm. All these factors make Reeds Spring an attractive location for those looking to live an affordable lifestyle without sacrificing quality of life.