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: $167,000
- 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 Monett is a financially viable option for your relocation.