Housing costs in Newark?
A typical home costs
$118,000, which is 65.1% less expensive than the national average of
$338,100 and 44.4% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Newark costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 41.8% cheaper than the state average of
$950.
Can I afford Newark?
To live comfortably in Newark (zip 63458), Missouri, a minimum annual income of
$22,680 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Newark?
Living in 63458 Newark, MO can be quite affordable. The median home value is just over $96,000 and the median rent is around $640 per month. In addition to these low costs of housing, the cost of living in this area is below the national average. This is due to a combination of factors, including lower taxes and utility costs. Other essentials such as food, gas, and health care are also relatively inexpensive in this area. All in all, living in 63458 Newark, MO offers a high quality of life at an affordable cost.