Cost of Living in Mountain grove, MO

Housing

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

• Housing Index: 90.0 / 100
• Median Home Price is: $112000
• Average Rent (2 BR Apartment): $960 per month
• Average Rent (2 BR House): $1040 per month

With a housing index of 90.0, Mountain grove, MO presents a relatively affordable living option compared to many urban areas. The median home price stands at 112000, making it attainable for homebuyers. Renting options are reasonable too, with the average rent for a 2-bedroom apartment at 960 and for a 2-bedroom house at 1040. This balance between home prices and rental costs could indicate stable long-term growth potential, ideal for both renters and buyers looking for value, alongside a strong sense of community.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mountain grove, 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 Mountain grove, 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: 95.3

Median Income

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

• Median Income: $38103

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 Mountain grove, 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.