Home prices
The cost of the median home in Cobalt is $28,400. In comparison to nearby areas this is roughly $54,640 (65%) lower.In comparison to the entire nation it is about $189,100 (86%) lower, and it is about $110,300 (79%) lower compared to the city of St. Louis.
Rents
Cobalt's median monthly rent is $561. This is approximately $10 (1%) lower compared to the surrounding areas.It is roughly $501 (47%) lower in comparison to the nation as a whole, and compared to the city of St. Louis it is about $267 (32%) lower.
Nearby places
Fredericktown
Fredericktown is Cobalt's neighbor to the north. The real estate prices there are significantly more expensive. The median home in Fredericktown costs $85,900, which works out to $57,500 (66%) higher than Cobalt. Its rents are somewhat more expensive. Fredericktown's median monthly rent is $721, which is $160 (22%) higher than Cobalt.
Junction City
Junction City is about 1 mile north from Cobalt. The housing prices there are significantly more expensive. The median home in Junction City is valued at $82,900, which works out to $54,500 (65%) higher than Cobalt. Rents there are pretty similar. Junction City's median monthly rent is $573, which comes out to $12 (2%) higher than Cobalt.
Marquand
Marquand is approximately 10 miles southeast from Cobalt. The housing prices there are significantly more expensive. The median home in Marquand costs $68,500, which works out to $40,100 (58%) higher than Cobalt. The rent there is similar. Marquand's median monthly rent is $575, which works out to $14 (2%) higher than Cobalt.
Arcadia
Arcadia is roughly 16 miles west of Cobalt. Housing prices there are substantially more expensive. The median home in Arcadia costs $93,500, which comes out to $65,100 (69%) higher than Cobalt. The rent there is significantly less expensive. In Arcadia the median rent is $358 per month, which comes out to $203 (56%) lower than Cobalt.
Ironton
Ironton is about 17 miles west from Cobalt. The real estate prices there are significantly more expensive. The median home price in Ironton is $84,400, which comes out to $56,000 (66%) higher than Cobalt. The rent there is a bit more expensive. The median rent in Ironton is $629 a month, which works out to $68 (10%) higher than Cobalt.
