Housing costs in Lynchburg?
A typical home costs
$270,900, which is 19.9% less expensive than the national average of
$338,100 and 27.6% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lynchburg costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 35.7% cheaper than the state average of
$950.
Can I afford Lynchburg?
To live comfortably in Lynchburg (zip 65543), Missouri, a minimum annual income of
$51,840 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Lynchburg?
Living in 65543 Lynchburg, MO is relatively affordable. The median home value is around $80,000, significantly lower than the national average of $200,000. The cost of living index for the area is only 89.1, which is 11% below the US average of 100. Renting a one bedroom apartment for a month typically costs about $450 to $500. Additionally, basic utilities such as electricity and water are very affordable as well. All in all, living in 65543 Lynchburg, MO could be great for those looking for a place to live where their hard-earned money can stretch further than it would in many other areas.