Cost of Living in Nevada, MO

Housing

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

  • Housing Index: 90.0 / 100
  • Median Home Price is: $160000
  • Average Rent (2 BR Apartment): $800 per month
  • Average Rent (2 BR House): $850 per month

Considering a move to Nevada, MO? With a housing index of 90.0, the market appears quite affordable compared to many other regions. The median home price stands at 160000, offering a viable option for first-time buyers. For those preferring to rent, average monthly costs are low at 800 for a 2-bedroom apartment and 850 for a house. This combination reflects a sustainable living environment with reasonable housing options. Be sure to weigh other factors such as job opportunities and community amenities when making your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Nevada, 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 Nevada, 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 Nevada is a financially viable option for your relocation.