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Cost of Living in ZIP 62462

Is it better to rent or buy in ZIP 62462? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$80,901
$817/mo

Median in area: $817

$155,644

Median in area: $155,644

$31,129

If you Rent

🔑
$1,131 /mo
Base Rent$817
Est. Utilities$314
% of Income16.8%
Pre-tax Residual$5,611

If you Buy

🏠
$1,404 /mo
P&I (6.994%)$828
Taxes & Ins$262
Est. Utilities$314
% of Income20.8%
Pre-tax Residual$5,338

Cost of Living FAQs

Is it cheaper to rent or buy in ZIP 62462?›

Based on median housing data, renting is currently more affordable on a monthly basis in ZIP 62462. The estimated all-in monthly cost for renting is $1,131, while owning a median-priced home with a 20% down payment is roughly $1,404 per month (a difference of $273).

How much do utilities cost in ZIP 62462?›

The average monthly utility cost (electricity and natural gas) for a typical home in ZIP 62462 is approximately $314. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in ZIP 62462?›

To comfortably afford the median rent and utilities in ZIP 62462 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $45,240 per year.