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: $164000
• 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 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: 95.2

Median Income

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

• Median Income: $52500

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 Perryville, 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.