Housing costs in Hermitage?
A typical home costs
$172,200, which is 49.1% less expensive than the national average of
$338,100 and 18.9% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Hermitage costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 10.5% cheaper than the state average of
$950.
Can I afford Hermitage?
To live comfortably in Hermitage, Missouri, a minimum annual income of
$33,120 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Hermitage?
The cost of living in Hermitage, MO is quite reasonable. According to Best Places, the cost of living index for the city is 87.9, which is 13.1% lower than the national average. This means that goods and services such as groceries, housing, transportation, utilities, and healthcare will cost less than most other cities in the United States. Additionally, Missouri has no state income tax which helps keep overall costs down even further. With its low cost of living and beautiful scenery, Hermitage can be a great place to settle down while keeping more money in your pocket!