Housing costs in Elmo?
A typical home costs
$122,800, which is 63.7% less expensive than the national average of
$338,100 and 42.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Elmo costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 20.3% cheaper than the state average of
$950.
Can I afford Elmo?
To live comfortably in Elmo (zip 64445), Missouri, a minimum annual income of
$23,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Elmo?
64445 Elmo, MO is an affordable place to live. According to BestPlaces, the cost of living index in this area is 77.07, which is well below average. Housing costs are particularly low at 74.56, a full 24 points below the national average. This makes it possible for people who want to purchase or rent a home to find something that suits their budget in the area. Additionally, groceries and restaurants are also relatively cheap, with prices only slightly above the national median. The overall low cost of living makes 64445 Elmo, MO an attractive destination for those looking for a comfortable life on a budget.