Cost of Living in Drexel, MO
Housing
The housing market plays a significant role in determining the cost of living in Drexel, MO.
- Housing Index: Data is updating
- Median Home Price is: $194,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Drexel, MO? With a housing index of 0.0, it suggests an affordable entry point for prospective homeowners. The median home price stands at 194000, making it relatively accessible compared to national averages. However, it's concerning that the average rent for a 2-bedroom apartment and house are both reported at 0.0 and 0.0, indicating potential data gaps or market stagnation. Before deciding, it's wise to research local amenities, job opportunities, and overall livability to ensure your move aligns with personal and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Drexel, 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.): Data is updating
Living in Drexel, 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 data unavailable 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 Drexel is a financially viable option for your relocation.