Zip 64840 (Diamond, MO) Cost of Living


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Diamond cost of living score
79.5
Less expensive
20.5% lower
than the US average
7.1% lower
than the Missouri average
Diamond (zip 64840), Missouri gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 7.1% higher than the average for Missouri.

Zip 64840 (Diamond, MO)

Housing costs in Diamond?
A typical home costs $193,300, which is 42.8% less expensive than the national average of $338,100 and 8.9% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Diamond costs $760 per month, which is 20.0% cheaper than the national average of $950 and 7.9% cheaper than the state average of $820.

Can I afford Diamond?
To live comfortably in Diamond (zip 64840), Missouri, a minimum annual income of $37,080 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Diamond?
The cost of living in 64840 Diamond, MO is relatively affordable compared to other cities in the state. The city's median home value is $72,500, which is below the Missouri average of $160,000. The median gross rent for a two-bedroom apartment is around $700 per month. There are also a variety of restaurants and stores to choose from, making Diamond an affordable place to live and shop. Groceries are also fairly priced with the average grocery bill coming to around $30 per week for a family of four. Additionally, utilities such as electricity and water are also generally low in cost when compared to other areas of the country. All in all, Diamond offers a great quality of life for those who are looking for an affordable place to call home.
   Cost of living score
     CategoriesDiamondMissouriUnited States
  79.585.6100.0
  94.994.9100
  104.1104.3100.0
  47.866.5100.0
  $193,300$212,300$338,100
  101.2%98.5%100.0%
  86.786.2100.0
  84.385.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime