Cost of Living in Monroe city, MO
Housing
The housing market plays a significant role in determining the cost of living in Monroe city, MO.
- Housing Index: 90.0 / 100
- Median Home Price is: $107,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $720 per month
Considering a move to Monroe city, MO? The housing index is currently at 90.0, indicating it's relatively affordable compared to national standards. With a median home price of 107000, buying might be more economical than renting. The average rent for a 2-bedroom apartment is 800, while a 2-bedroom house costs even less at 720. This suggests that more spacious housing options are available at lower costs. Be aware of local amenities and economic opportunities in the area, which can significantly enhance your living experience!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Monroe city, 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 Monroe city, 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 Monroe city is a financially viable option for your relocation.