Cost of Living in Perryville, MO
Housing
The housing market plays a significant role in determining the cost of living in Perryville, MO.
- Housing Index: 90.0 / 100
- Median Home Price is: $164,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $850 per month
Considering the housing data for Perryville, MO, the housing index of 90.0 suggests it is slightly below the national average, highlighting affordability. With a median home price of 164000, investing in property seems attractive, especially compared to the average rent for a 2-bedroom apartment at 800 and a house at 850. This scenario might point towards a favorable opportunity for homeownership instead of renting, which can provide long-term financial benefits and stability. Exploring Perryville further may reveal additional advantages in community access and amenities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Perryville, 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.): $150 per month
Living in Perryville, 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 $150 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 Perryville is a financially viable option for your relocation.