Zip 65274 (New Franklin, MO) Cost of Living


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United States / Missouri / No Metro Area / Howard County / New Franklin / New Franklin (zip 65274)
How much do I need to live in New Franklin, Missouri?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

New Franklin cost of living score
79.5
Less expensive
20.5% lower
than the US average
7.1% lower
than the Missouri average
New Franklin (zip 65274), Missouri gets a BestPlaces Cost of Living score of 79.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.5% lower than the U.S. average and 7.1% higher than the average for Missouri.

Zip 65274 (New Franklin, MO)

Housing costs in New Franklin?
A typical home costs $152,900, which is 54.8% less expensive than the national average of $338,100 and 28.0% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in New Franklin costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 25.0% cheaper than the state average of $950.

Can I afford New Franklin?
To live comfortably in New Franklin (zip 65274), Missouri, a minimum annual income of $29,160 for a family, and $23,200 for a single person is recommended.

What does A.I. say about New Franklin?
The cost of living in 65274 New Franklin, MO is quite affordable. The median home value in the area is $112,400, making it an attractive location for those looking for a place to call home. Additionally, the average cost of utilities such as electricity and water is relatively low compared to other parts of the U.S. The overall cost of living index in New Franklin is 79.5, which means that it ranks well below the national average when it comes to affordability. With a variety of restaurants, shops, and other amenities located nearby, living in New Franklin can be both comfortable and convenient.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew FranklinMissouriUnited States
    Unlock85.6100.0
  93.5  Unlock100.0
    Unlock104.3100.0
  41.9  Unlock100.0
    Unlock$212,300$338,100
  97.2  Unlock100.0
    Unlock86.2100.0
  64.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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