Housing costs in Lovell?
A typical home costs
$250,000, which is 26.1% less expensive than the national average of
$338,100 and 23.0% less expensive than the average Wyoming home, at
$324,500. Renting a two-bedroom unit in Lovell costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 13.6% cheaper than the state average of
$920.
Can I afford Lovell?
To live comfortably in Lovell, Wyoming, a minimum annual income of
$47,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lovell?
The cost of living in Lovell, WY is lower than the national average. The median home price is around $100,000 and the median household income is significantly lower than the U.S. average at around $40,000. Property taxes are also much lower than in other areas of the country, making it possible to own a home for a fraction of the cost elsewhere. Overall, Lovell has an affordable cost of living that makes it an attractive place to live for those looking to escape higher costs of living in larger cities.