Housing costs in Lees Summit?
A typical home costs
$271,100, which is 19.8% less expensive than the national average of
$338,100 and 27.7% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lees Summit costs
$1,130 per month, which is 18.9% more than the national average of
$950 and 2.7% cheaper than the state average of
$1,160.
Can I afford Lees Summit?
To live comfortably in Lees Summit (zip 64063), Missouri, a minimum annual income of
$51,840 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Lees Summit?
The cost of living in 64063 Lees Summit, MO is quite reasonable compared to other parts of the country. The median home price for 64063 is around $250,000, which is slightly lower than the national median of $266,700. The average rental price for a two-bedroom apartment in the area is approximately $800 per month. Utilities are also relatively inexpensive with electricity being about 11% less than the national average and gas costing around 20% less. Groceries costs are on par with the US at an average of 14%. Tax wise, sales tax averages 8.35%, while property taxes are slightly higher at 1.45%. All in all, living in Lees Summit can be quite affordable for those looking to move to this area.