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: $112,000
- 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 Mountain grove is a financially viable option for your relocation.