Housing costs in Olean?
A typical home costs
$188,700, which is 44.2% less expensive than the national average of
$338,100 and 11.1% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Olean costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 18.8% cheaper than the state average of
$950.
Can I afford Olean?
To live comfortably in Olean (zip 65064), Missouri, a minimum annual income of
$36,000 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Olean?
The cost of living in Olean, MO is quite affordable. The median home value is about $80,000, which is significantly lower than the national average. Additionally, the median household income in Olean is just under $50,000 per year. When it comes to utilities, Olean residents are looking at an average monthly bill of around $125 for basic necessities like electricity and water. Renters can expect to pay an average of around $800-900 for a two bedroom apartment. Overall, the cost of living in Olean is quite reasonable compared to other areas in Missouri and across the country.