The housing market plays a significant role in determining the cost of living in Moberly, MO.
Considering the housing situation in Moberly, MO, the housing index of 85.0 suggests a relatively affordable living environment. With a median home price of 164000, purchasing property could be a safe investment, particularly when compared with the average rent for a 2-bedroom apartment at 800 and a house at 820. This affordability trend can appeal to those looking to settle long-term. Moreover, new community developments or increased economic activity can further enhance property value over time, making this a strategically wise choice for potential residents.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Moberly, MO.
Living in Moberly, 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Moberly, MO, consider the following factors: