Cost of Living in Smithville, MO
Housing
The housing market plays a significant role in determining the cost of living in Smithville, MO.
- Housing Index: 90.0 / 100
- Median Home Price is: $282,000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1440 per month
Considering a move to Smithville, MO? With a housing index of 90.0, this area presents a cost-effective option compared to national averages. The median home price of 282000 and average rents of 1400 for apartments and 1440 for houses indicate a balanced market. As you assess this market, it's essential to also factor in local employment opportunities, schools, and lifestyle amenities, all of which influence long-term satisfaction in your new home. Overall, Smithville could be a wise choice for prospective homeowners and renters alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Smithville, 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.): $250 per month
Living in Smithville, 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 $250 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 Smithville is a financially viable option for your relocation.