Housing costs in Ferguson?
A typical home costs
$106,500, which is 68.5% less expensive than the national average of
$338,100 and 49.8% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Ferguson costs
$1,090 per month, which is 14.7% more than the national average of
$950 and 9.2% more than the state average of
$990.
Can I afford Ferguson?
To live comfortably in Ferguson (zip 63135), Missouri, a minimum annual income of
$20,520 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Ferguson?
The cost of living in 63135 Ferguson, MO is relatively low compared to other areas of the country. The median home cost in this area is $150,800 which is significantly less than the national median home price of $213,100. The cost of goods and services also tend to be lower than the national average with the overall cost index being 3% below the U.S. average. Additionally, many of the area’s residents enjoy a lower tax rate and benefit from lower rental and transportation costs when compared to other parts of the country. These factors make it an attractive option for those seeking an affordable place to live in Missouri.