Housing costs in Springfield?
A typical home costs
$166,400, which is 50.8% less expensive than the national average of
$338,100 and 21.6% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Springfield costs
$820 per month, which is 13.7% cheaper than the national average of
$950 and 4.9% cheaper than the state average of
$860.
Can I afford Springfield?
To live comfortably in Springfield (zip 65802), Missouri, a minimum annual income of
$32,040 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 65802 Springfield, MO is relatively affordable. According to the Cost of Living Calculator, the composite index for this zip code is 94.7 which is 4.3% lower than the US average. Groceries, housing, utilities, transportation and healthcare are all more affordable than in other parts of the country. Housing prices in particular are quite reasonable with median home values standing around $136,900 as of December 2020. Overall, it is possible for most people to enjoy a comfortable lifestyle while living in 65802 Springfield, MO without spending too much money on basic necessities like food and shelter.