Zip 65347 (Nelson, MO) Cost of Living


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How much do I need to live in Nelson, Missouri?
$2,490 / month
for a family, 53.9% less expensive than the national average A total of $29,880 for the year for a family.
$1,800 / month
for a single person, 62.2% less expensive than the national average A total of $21,600 for the year for a single person.

Nelson cost of living score
73.5
Less expensive
26.5% lower
than the US average
14.1% lower
than the Missouri average
Nelson (zip 65347), Missouri gets a BestPlaces Cost of Living score of 73.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.5% lower than the U.S. average and 14.1% higher than the average for Missouri.

Zip 65347 (Nelson, MO)

Housing costs in Nelson?
A typical home costs $155,400, which is 54.0% less expensive than the national average of $338,100 and 26.8% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Nelson costs $710 per month, which is 25.3% cheaper than the national average of $950 and 5.6% cheaper than the state average of $750.

Can I afford Nelson?
To live comfortably in Nelson (zip 65347), Missouri, a minimum annual income of $29,880 for a family, and $21,600 for a single person is recommended.

What does A.I. say about Nelson?
Living in 65347 Nelson, MO is relatively inexpensive. The median home price is $80,995, and the median rent for a one-bedroom apartment is $462 per month. The cost of living index for Nelson is 82.1 which is lower than the national average of 100. Groceries, transportation, health care, utilities, and other necessities are all below the national average in cost as well. It is estimated that people living in 65347 Nelson can save about 7% on their cost of living compared to most places in America.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNelsonMissouriUnited States
    Unlock85.6100.0
  95.4  Unlock100.0
    Unlock104.3100.0
  53.6  Unlock100.0
    Unlock$212,300$338,100
  96.8  Unlock100.0
    Unlock86.2100.0
  44.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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