Cost of Living in Eldon, MO

Housing

The housing market plays a significant role in determining the cost of living in Eldon, MO.

• Housing Index: 90.5 / 100
• Median Home Price is: $185000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1280 per month

Considering a move to Eldon, MO? With a housing index of 90.5, the market appears quite accessible. The median home price of 185000 is favorable when compared to national averages. For those preferring rental options, expect to pay around 1200 for a 2-bedroom apartment or 1280 for a 2-bedroom house. Additionally, low property taxes may enhance affordability, making today an opportune time to explore the potential for settling down in this area. Overall, Eldon could be an attractive option for homebuyers 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 Eldon, 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 Eldon, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.2

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $44714

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Eldon, MO, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.