Housing costs in De Soto?
A typical home costs
$185,200, which is 45.2% less expensive than the national average of
$338,100 and 12.8% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in De Soto costs
$840 per month, which is 11.6% cheaper than the national average of
$950 and 17.9% cheaper than the state average of
$990.
Can I afford De Soto?
To live comfortably in De Soto (zip 63020), Missouri, a minimum annual income of
$35,640 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about De Soto?
The cost of living in 63020 De Soto, MO is relatively low compared to other parts of the United States. According to bestplaces.net, the cost of living index (COLI) for the area is 81.5 versus the national average of 100. This means that on average, goods and services are 19.5% cheaper than other places across the country. Basic groceries are slightly more expensive than average due to transportation costs associated with rural areas, but overall prices remain lower than most metropolitan areas. Housing is especially affordable, with median home values 32% below the national median and rental costs 35% lower than nearby St. Louis county. All in all, residents enjoy a low cost of living without sacrificing quality of life or access to amenities and entertainment opportunities in St. Louis and Jefferson counties.