Cost of Living in Monett, MO

Housing

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

• Housing Index: 75.0 / 100
• Median Home Price is: $167000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1350 per month

Considering a move to Monett, MO? With a housing index of 75.0, the area presents a balanced environment for homebuyers and renters. The median home price of 167000 is relatively affordable compared to national averages, which often exceed $300,000. Renters can expect to pay an average of 1200 for a 2-bedroom apartment or 1350 for renting a house, making it a reasonable choice for young families or professionals. Furthermore, this region may provide community amenities and access to schools, contributing to lifestyle quality. Always consider the long-term trends in your decision-making!

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Monett, 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 Monett, 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: 85.0

Median Income

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

• Median Income: $42635

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 Monett, 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.