Housing costs in Hermann?
A typical home costs
$187,900, which is 44.4% less expensive than the national average of
$338,100 and 11.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Hermann costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 3.3% cheaper than the state average of
$950.
Can I afford Hermann?
To live comfortably in Hermann (zip 65041), Missouri, a minimum annual income of
$36,000 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Hermann?
The cost of living in Hermann, MO is quite affordable. The median home value is around $111,000, making it easy to purchase a comfortable home. In addition, the sales tax is only 7%, which is lower than the national average. There are also plenty of job opportunities here since it's close to St. Louis and other major cities. The unemployment rate is relatively low at 3%. Overall, the cost of living in Hermann, MO makes it an attractive option for those looking for an affordable place to live.