Cost of Living in Gainesville, MO
Housing
The housing market plays a significant role in determining the cost of living in Gainesville, MO.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data for Gainesville, MO, it appears that the current housing index is at an all-time low, with a median home price of just 150000. While this suggests favorable conditions for home buyers, it's important to note the lack of available rental data. Typically, a low housing index might indicate potential undervaluation or emerging market trends. Affordable home prices can also attract new residents, boosting local economy. However, ensure to research further on local amenities and job opportunities before making any decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gainesville, 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 Gainesville, 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 Gainesville is a financially viable option for your relocation.