Housing costs in Independence?
A typical home costs
$215,200, which is 36.4% less expensive than the national average of
$338,100 and 1.4% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Independence costs
$1,260 per month, which is 32.6% more than the national average of
$950 and 7.9% more than the state average of
$1,160.
Can I afford Independence?
To live comfortably in Independence (zip 64058), Missouri, a minimum annual income of
$41,400 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Independence?
The cost of living in 64058 Independence, MO is relatively low. The median home value is around $110,000, and the median rent price is roughly $1,000 per month. Transportation costs are also affordable with public transit fares as low as $2.50 for a single ride. The city also offers many tax credits and exemptions that can help residents keep their costs down even further. Additionally, the average cost of groceries in Independence is lower than the national average, making it more budget friendly to shop locally. Overall, Independence's cost of living is very reasonable for those looking for an affordable place to live.