Executive Financial Report: Latham (65050)
Evaluating relocation options in Moniteau? The financial benchmark for residing in Latham, MO (65050) indicates that a single worker needs roughly $2,871 monthly ($34,456.146 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $471 per month—just 16% of baseline expenses—Latham offers exceptionally competitive housing costs compared to wider metropolitan averages across Missouri.
Local earnings in Latham (65050) demonstrate strong purchasing power. The area median family income of $72,617 significantly exceeds the annual baseline living threshold ($34,456.146) by a ratio of 2.11x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
On the expenditure side, groceries and essential nutrition require approximately $262 per month in Latham. Direct tax liabilities consume an estimated $433 monthly (15% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Latham (65050) presents a distinct economic profile within Moniteau. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.