Cost of Living in Murray, IA
Housing
The housing market plays a significant role in determining the cost of living in Murray, IA.
- Housing Index: Data is updating
- Median Home Price is: $169,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Murray, IA, the housing index indicates a potential market with zero current evaluations, suggesting a need for cautious analysis. The median home price stands at 169000, which may offer an affordable entry point for homeownership. However, with a reported average rent of 0.0 for a 2-bedroom apartment and 0.0 for a 2-bedroom house also at zero, this could signal limited rental options. It's essential to consider local amenities, job availability, and population trends to assess the overall living experience and make a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Murray, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Murray, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 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 Murray is a financially viable option for your relocation.