Cost of Living in Liberty, MO

Housing

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

• Housing Index: 90.0 / 100
• Median Home Price is: $335000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1300 per month

Considering a move to Liberty, MO? The housing index stands at 90.0, indicating a slightly competitive market. With a median home price of 335000, you'll find affordability when compared to national trends. Also, average rent for a 2-bedroom apartment is 1200, while renting a house averages 1300. This could suggest a family-friendly environment with diverse housing options. Remember, areas with stable rent prices often hint at strong community satisfaction, making Liberty a potential gem for those seeking balance in lifestyle and economics.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Liberty, 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.): $200 per month

Living in Liberty, 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 200 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: 95.0

Median Income

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

• Median Income: $91512

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 Liberty, 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.