
Housing costs in Redings Mill?
A typical home costs
$153,200, which is 54.7% less expensive than the national average of
$338,100 and 27.8% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Redings Mill costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 17.3% cheaper than the state average of
$950.
Can I afford Redings Mill?
To live comfortably in Redings Mill, Missouri, a minimum annual income of
$29,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Redings Mill?
Living in Redings Mill, MO is surprisingly affordable compared to other cities. The cost of living index is 90.9, which is lower than the US average of 100. Housing costs account for the largest share of living expenses, however they are still generally lower than the national average, making it an attractive option for people looking to save money. Other costs such as groceries, utilities, and transportation are also typically lower than the US average. All in all, Redings Mill offers relatively low-cost living without sacrificing quality amenities or access to important services.