Housing costs in Fayette?
A typical home costs
$159,800, which is 52.7% less expensive than the national average of
$338,100 and 24.7% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Fayette costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$950.
Can I afford Fayette?
To live comfortably in Fayette (zip 65248), Missouri, a minimum annual income of
$30,600 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Fayette?
The cost of living in 65248 Fayette, MO is highly affordable. The median home value is very low at $141,800 and the median rent price is even lower at $719 per month. Goods and services also remain relatively inexpensive, with a cost of living index that is 6.5% lower than the national average. Additionally, the estimated annual taxes for a family making the area’s median income are only 12.9%. All of these factors make Fayette an attractive option for those looking to save money while still enjoying a high quality of life.