Cost of Living in Bates city, MO
Housing
The housing market plays a significant role in determining the cost of living in Bates city, MO.
- Housing Index: 90.5 / 100
- Median Home Price is: $189,000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1430 per month
Evaluating the data for Bates city, MO, we find a housing index of 90.5, indicating an affordable market relative to national averages. The median home price of 189000 makes homeownership appealing, especially for first-time buyers. In terms of rentals, the average cost for a 2-bedroom apartment is 1400, while a 2-bedroom house averages 1430. Comparing these figures suggests that housing costs are manageable, allowing for flexibility in lifestyle choices here. Always consider local job opportunities, amenities, and neighborhood safety to ensure a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bates city, MO.
- Electricity Price: $14.64 USD (median by state)
- Natural Gas Price: $23.25 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Bates city, MO could entail higher utility costs. Electricity costs sit at $14.64, while natural gas is priced at $23.25 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bates city is a financially viable option for your relocation.