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Cost of Living in Clemons

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

Rent vs. Buy Affordability Calculator

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

$87,381
$798/mo

Median in area: $798

$174,700

Median in area: $174,700

$34,940

If you Rent

$1,115 /mo
Base Rent$798
Est. Utilities$317
% of Income15.3%
Pre-tax Residual$6,167

If you Buy

$1,463 /mo
P&I (6.983%)$928
Taxes & Ins$218
Est. Utilities$317
% of Income20.1%
Pre-tax Residual$5,819

Cost of Living FAQs

Is it cheaper to rent or buy in Clemons?

Based on median housing data, renting is currently more affordable on a monthly basis in Clemons. The estimated all-in monthly cost for renting is $1,115, while owning a median-priced home with a 20% down payment is roughly $1,463 per month (a difference of $348).

How much do utilities cost in Clemons?

The average monthly utility cost (electricity and natural gas) for a typical home in Clemons is approximately $317. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Clemons?

To comfortably afford the median rent and utilities in Clemons without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,600 per year.