Housing costs in Renick?
A typical home costs
$80,500, which is 76.2% less expensive than the national average of
$338,100 and 62.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Renick costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 35.7% cheaper than the state average of
$950.
Can I afford Renick?
To live comfortably in Renick, Missouri, a minimum annual income of
$15,480 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Renick?
The cost of living in Renick, MO is relatively affordable compared to other cities. The median home value in Renick is approximately $130,000, and the median household income is about $46,000. The average rent for a one-bedroom apartment in Renick is around $650. Groceries are also fairly cheap, with an average price that is lower than the national average. Additionally, the cost of basic utilities such as electricity and water tend to stay on the lower end of the spectrum because of competition between providers. All in all, Renick offers a very reasonable cost of living for its residents.