Housing costs in New Madrid?
A typical home costs
$124,300, which is 63.2% less expensive than the national average of
$338,100 and 41.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in New Madrid costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 14.5% cheaper than the state average of
$950.
Can I afford New Madrid?
To live comfortably in New Madrid (zip 63869), Missouri, a minimum annual income of
$23,760 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about New Madrid?
The cost of living in 63869 New Madrid, MO is relatively low. According to the most recent data from Sperling's Best Places, the average cost of living index for New Madrid is 77.3, which is lower than the US average of 100. Housing expenses are especially affordable, with a median home value of only $75,500 and an average rental price of $672. Additionally, groceries, utilities and healthcare costs are all below the national averages. In summary, residents in 63869 New Madrid enjoy a great quality of life at an affordable cost.