
Housing costs in Drexel?
A typical home costs
$230,300, which is 31.9% less expensive than the national average of
$338,100 and 8.5% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Drexel costs
$1,040 per month, which is 9.5% more than the national average of
$950 and 11.5% cheaper than the state average of
$1,160.
Can I afford Drexel?
To live comfortably in Drexel (zip 64742), Missouri, a minimum annual income of
$44,280 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Drexel?
Living in 64742 Drexel, MO can be quite affordable. According to BestPlaces, the cost of living in this area is 16.43% lower than the national average in the United States, making it an attractive option for families and individuals looking for a frugal lifestyle. On top of that, the median home price is $90,600, which is far below the state average of $139,200. Utilities also tend to be very inexpensive and some of them are even free. With such a low cost of living, residents can easily make ends meet while still enjoying a good quality of life in this charming rural community.