Housing costs in Montgomery City?
A typical home costs
$170,400, which is 49.6% less expensive than the national average of
$338,100 and 19.7% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Montgomery City costs
$640 per month, which is 55.2% cheaper than the national average of
$1,430 and 48.4% cheaper than the state average of
$950.
Can I afford Montgomery City?
To live comfortably in Montgomery City (zip 63361), Missouri, a minimum annual income of
$32,760 for a family, and
$19,600 for a single person is recommended.
What does A.I. say about Montgomery City?
The cost of living in 63361 Montgomery City, MO is fairly low compared to the rest of the United States. According to BestPlaces, a website that collects data on different cities across the nation, the overall cost of living index for Montgomery City is 88.3, which is significantly lower than the national average of 100. The median home value in Montgomery City is $63,100 and the median monthly rent is $595. Groceries and transportation costs are also quite affordable with an average of only 4% more than the national averages. As such, Montgomery City is an attractive option for those looking for an affordable place to live without sacrificing too much quality of life.