Housing costs in Latham?
A typical home costs
$299,900, which is 11.3% less expensive than the national average of
$338,100 and 41.3% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Latham costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 23.4% cheaper than the state average of
$950.
Can I afford Latham?
To live comfortably in Latham (zip 65050), Missouri, a minimum annual income of
$57,600 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Latham?
The cost of living in 65050 Latham, MO is quite reasonable compared to other areas in the state. The median home cost in the area is around $123,000, which is significantly lower than the state average of $155,000. Additionally, the overall cost of living index for 65050 Latham is 85.5, which is 15% lower than the U.S. average and 8% lower than the Missouri average. This affordability makes it a great option for those looking to live an affordable lifestyle in a rural setting. Additionally, there are plenty of local amenities available to help keep costs low like local grocery stores and retail outlets that offer discounts to residents.