Zip 64847 (Lanagan, MO) Cost of Living


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How much do I need to live in Lanagan, Missouri?
$1,170 / month
for a family, 78.3% less expensive than the national average A total of $14,040 for the year for a family.
$1,800 / month
for a single person, 62.2% less expensive than the national average A total of $21,600 for the year for a single person.

Lanagan cost of living score
78.8
Less expensive
21.2% lower
than the US average
7.9% lower
than the Missouri average
Lanagan (zip 64847), Missouri gets a BestPlaces Cost of Living score of 78.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.2% lower than the U.S. average and 7.9% higher than the average for Missouri.

Zip 64847 (Lanagan, MO)

Housing costs in Lanagan?
A typical home costs $72,400, which is 78.6% less expensive than the national average of $338,100 and 65.9% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Lanagan costs $650 per month, which is 31.6% cheaper than the national average of $950 and 43.1% cheaper than the state average of $930.

Can I afford Lanagan?
To live comfortably in Lanagan (zip 64847), Missouri, a minimum annual income of $14,040 for a family, and $21,600 for a single person is recommended.

What does A.I. say about Lanagan?
The cost of living in 64847 Lanagan, MO is relatively affordable compared to other areas in the United States. The median household income for Lanagan is just over $29,000, which is lower than both the Missouri and national averages. Despite the lower incomes, grocery prices are generally low as well as utilities rates. Home prices are also quite low and the average cost of a 3 bedroom home hovers around $60,000. In all, living in 64847 Lanagan, MO is quite affordable with an assortment of amenities that make it an attractive place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLanaganMissouriUnited States
    Unlock85.6100.0
  89.1  Unlock100.0
    Unlock104.3100.0
  18.6  Unlock100.0
    Unlock$212,300$338,100
  98.7  Unlock100.0
    Unlock86.2100.0
  78.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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