Housing costs in Columbia?
A typical home costs
$249,700, which is 26.1% less expensive than the national average of
$338,100 and 17.6% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Columbia costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$950.
Can I afford Columbia?
To live comfortably in Columbia Misso Metro Area, Missouri, a minimum annual income of
$47,880 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Columbia?
The cost of living in the Columbia, MO Metro Area is significantly lower than the US average. According to various sources, the cost of living index in this region is 90 compared to 100 for the US average. This means that prices are 10% lower than the national average. This can be seen through its median house value, which is $249,700 compared to $338,100 for the US average. This gives residents in this area more purchasing power and makes it an attractive place to live.