Zip 63460 (Novelty, MO) Cost of Living


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United States / Missouri / No Metro Area / Knox County / Novelty / Novelty (zip 63460)
How much do I need to live in Novelty, Missouri?
$1,650 / month
for a family, 69.4% less expensive than the national average A total of $19,800 for the year for a family.
$1,900 / month
for a single person, 60.1% less expensive than the national average A total of $22,800 for the year for a single person.

Novelty cost of living score
73.8
Less expensive
26.2% lower
than the US average
13.8% lower
than the Missouri average
Novelty (zip 63460), Missouri gets a BestPlaces Cost of Living score of 73.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.2% lower than the U.S. average and 13.8% higher than the average for Missouri.

Zip 63460 (Novelty, MO)

Housing costs in Novelty?
A typical home costs $103,500, which is 69.4% less expensive than the national average of $338,100 and 51.2% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Novelty 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 Novelty?
To live comfortably in Novelty (zip 63460), Missouri, a minimum annual income of $19,800 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Novelty?
The cost of living in 63460 Novelty, MO is relatively low compared to the rest of the United States. According to a recent survey, the overall cost of living index in Novelty is about 81.9, which is significantly lower than the national average score of 100. This includes costs like groceries (84.3), health care (80.0), housing (71.2) and utilities (82.4). While this may mean that salaries in Novelty are a bit lower than the national average, people who choose to live there will benefit from much lower costs of food, medical care and housing than those living elsewhere in America.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNoveltyMissouriUnited States
    Unlock85.6100.0
  90.4  Unlock100.0
    Unlock104.3100.0
  21.8  Unlock100.0
    Unlock$212,300$338,100
  96.4  Unlock100.0
    Unlock86.2100.0
  70.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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