Housing costs in Springfield?
A typical home costs
$156,600, which is 53.7% less expensive than the national average of
$338,100 and 26.2% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Springfield costs
$840 per month, which is 11.6% cheaper than the national average of
$950 and 2.4% cheaper than the state average of
$860.
Can I afford Springfield?
To live comfortably in Springfield (zip 65803), Missouri, a minimum annual income of
$29,880 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 65803 Springfield, MO is relatively affordable. According to the Missouri Economic Research and Information Center, the city's housing costs are nearly 12 percent below the national average while its groceries and health care expenses are more or less on par with national averages. Additionally, the cost of transportation in Springfield is about 13 percent below the national average. All these factors make this city a great place to live for people with tight budgets.