Housing costs in Taos?
A typical home costs
$219,200, which is 35.2% less expensive than the national average of
$338,100 and 3.3% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Taos 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 Taos?
To live comfortably in Taos, Missouri, a minimum annual income of
$42,120 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Taos?
The cost of living in Taos, MO is quite affordable compared to other parts of the United States. According to Sperling's Best Places, the cost of living index for Taos is 84.7, making it much lower than the national average of 100. This low cost of living makes Taos a great place to settle down and raise a family as well as a great destination for people looking to retire or simply take a break from expensive city life. Housing costs make up the largest part of the cost of living in Taos and are below both state and national averages. A range of prices can be found for different types of properties so that anyone can find something that meets their budget needs. In addition to housing, groceries, health care, transportation, utilities and miscellaneous costs are also relatively low when compared with other parts of the country. Overall, Taos has an excellent cost of living that is perfect for any budget-conscious individual or family looking to live in this beautiful area.