Zip 65462 (Edgar Springs, MO) Cost of Living


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How much do I need to live in Edgar Springs, Missouri?
$2,490 / month
for a family, 53.9% less expensive than the national average A total of $29,880 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Edgar Springs cost of living score
79.2
Less expensive
20.8% lower
than the US average
7.5% lower
than the Missouri average
Edgar Springs (zip 65462), Missouri gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 7.5% higher than the average for Missouri.

Zip 65462 (Edgar Springs, MO)

Housing costs in Edgar Springs?
A typical home costs $155,200, which is 54.1% less expensive than the national average of $338,100 and 26.9% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Edgar Springs costs $880 per month, which is 7.4% cheaper than the national average of $950 and 3.4% more than the state average of $850.

Can I afford Edgar Springs?
To live comfortably in Edgar Springs (zip 65462), Missouri, a minimum annual income of $29,880 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Edgar Springs?
The cost of living in 65462 Edgar Springs, MO is relatively low compared to other areas in the state. Housing costs are particularly affordable, with the median value of a home being just over $80,000 and the median rent costing less than $600 per month. Property taxes tend to be on the low end as well, with the average tax rate being just 0.8%. This makes it an attractive location for those looking for an affordable place to live. Grocery and utility costs are also quite reasonable, and all other expenses tend to fall within national averages. All these factors combined make 65462 Edgar Springs, MO a great place for budget-minded individuals or families looking to save money on their cost of living expenses.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEdgar SpringsMissouriUnited States
    Unlock85.6100.0
  94.0  Unlock100.0
    Unlock104.3100.0
  46.6  Unlock100.0
    Unlock$212,300$338,100
  91.5  Unlock100.0
    Unlock86.2100.0
  70.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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