Housing costs in Cape Girardeau?
A typical home costs
$209,400, which is 38.1% less expensive than the national average of
$338,100 and 1.4% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Cape Girardeau costs
$900 per month, which is 5.3% cheaper than the national average of
$950 and 3.3% more than the state average of
$870.
Can I afford Cape Girardeau?
To live comfortably in Cape Girardeau (zip 63701), Missouri, a minimum annual income of
$39,960 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Cape Girardeau?
The cost of living in 63701 Cape Girardeau, MO is relatively affordable compared to other cities in the United States. According to BestPlaces, the overall cost of living index for Cape Girardeau is 83.37, which is lower than the US average of 100. Housing costs are particularly low, with an index of just 64.90. This means that even when accounting for taxes and insurance, rent and mortgages are likely to be cheaper than those in most other parts of the country. Prices for food and groceries are also below the US average, making it a great location for budget conscious people who want to be able to get more bang for their buck when shopping.