Cost of Living in Jackson, MO

Housing

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

• Housing Index: 90.0 / 100
• Median Home Price is: $210000
• Average Rent (2 BR Apartment): $1000 per month
• Average Rent (2 BR House): $880 per month

Considering a move to Jackson, MO? With a housing index of 90.0, the overall affordability is notable. The median home price of 210000 is quite competitive, making homeownership within reach. Additionally, the average monthly rent for a 2-bedroom apartment is approximately 1000, while renting a 2-bedroom house averages 880. These figures suggest a favorable housing market, which may attract families and young professionals alike. Remember, local amenities and job opportunities also play a crucial role in your decision, so be sure to explore those aspects as well.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Jackson, 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 Jackson, 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: 95.4

Median Income

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

• Median Income: $72500

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 Jackson, 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.