Housing costs in Baring?
A typical home costs
$98,900, which is 70.7% less expensive than the national average of
$338,100 and 53.4% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Baring costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 21.8% cheaper than the state average of
$950.
Can I afford Baring?
To live comfortably in Baring (zip 63531), Missouri, a minimum annual income of
$19,080 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Baring?
The cost of living in 63531 Baring, MO is relatively low compared to other areas of the country. The median home price is $84,100 which is about one-third of the national average. The overall cost of living index is about 15 percent below the national average, making it an affordable option for those looking to move to a smaller town. In addition, utilities in the area are reasonably priced, with electricity costing an average of $71 per month and natural gas costing around $53 per month. Sales tax in Missouri is 4.225%, and there are no additional local taxes or fees associated with living in 63531 Baring, MO. All in all, 63531 Baring offers a low cost of living that many people are looking for when they choose to relocate.