Cost of Living in Montgomery city, MO
Housing
The housing market plays a significant role in determining the cost of living in Montgomery city, MO.
- Housing Index: Data is updating
- Median Home Price is: $123,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering your data, it appears that Montgomery city, MO presents an exceptionally low housing index of 0.0. This suggests that while the median home price stands at a favorable 123000, both the average rent for a 2-bedroom apartment and a house are currently unavailable or minimal. With overall affordability in mind, prospective buyers may find favorable conditions to acquire property. Additionally, low housing costs generally foster healthy community growth. However, it's wise to further investigate local amenities and job availability to ensure this area meets broader lifestyle expectations.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Montgomery 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.): Data is updating
Living in Montgomery 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 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 Montgomery city is a financially viable option for your relocation.