Housing costs in Independence?
A typical home costs
$151,700, which is 55.1% less expensive than the national average of
$338,100 and 28.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Independence costs
$970 per month, which is 2.1% more than the national average of
$950 and 19.6% cheaper than the state average of
$1,160.
Can I afford Independence?
To live comfortably in Independence (zip 64050), Missouri, a minimum annual income of
$29,160 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Independence?
Living in Independence, MO can be very affordable. The cost of living in this area is around 11% lower than the national average. Housing prices are lower than average, with median rent for a two-bedroom apartment ranging from $700 to $900 per month. Utilities are also low, with electric and water bills averaging around $100 combined each month. Groceries for a family of four will cost around $500 per month, and gasoline prices tend to stay below the national average. With so many affordable living options available, Independence, MO is an ideal place to call home.