Housing costs in Holts Summit?
A typical home costs
$223,100, which is 34.0% less expensive than the national average of
$338,100 and 5.1% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Holts Summit costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$950.
Can I afford Holts Summit?
To live comfortably in Holts Summit, Missouri, a minimum annual income of
$42,840 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Holts Summit?
The cost of living in Holts Summit, MO is quite affordable compared to other parts of the country. The median home cost in Holts Summit is $134,500, and the estimated monthly mortgage payment for a house at that price is around $632, which is very reasonable when compared to larger cities. Utility costs are also very reasonable with an average electricity bill of around $124 per month and an average natural gas bill hovering around $60 per month. Grocery prices tend to be slightly lower than the national average as well, making it easy to stay within budget on everyday living expenses. Additionally, property taxes are quite low at just 0.65% of assessed value, making this a great place for anyone who wants more bang for their buck when it comes to housing costs.