Housing costs in Morehouse?
A typical home costs
$70,700, which is 79.1% less expensive than the national average of
$338,100 and 66.7% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Morehouse costs
$610 per month, which is 57.3% cheaper than the national average of
$1,430 and 55.7% cheaper than the state average of
$950.
Can I afford Morehouse?
To live comfortably in Morehouse (zip 63868), Missouri, a minimum annual income of
$13,680 for a family, and
$18,400 for a single person is recommended.
What does A.I. say about Morehouse?
Living in 63868 Morehouse, MO is an affordable option, with a cost of living index of 77.2. The median home value is $87,900 and the median rent is $710 per month, giving families plenty of options for finding a home that fits their budget. Additionally, utilities costs are relatively low in this area due to low population density and plenty of natural resources available. Groceries and other essentials are also fairly inexpensive, making it easy for folks on a budget to get the basic necessities without breaking the bank.