Cost of Living in Sikeston, MO

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $150000
• Average Rent (2 BR Apartment): $800 per month
• Average Rent (2 BR House): $820 per month

Considering a move to Sikeston, MO? With a housing index of 85.0, it appears to offer an affordable market overall. The median home price stands at 150000, making homeownership attainable compared to national averages. Additionally, rent prices for a 2-bedroom apartment and house at 800 and 820 respectively position this city as an attractive option for those prioritizing budget-friendly living. Note that living in this area can also provide a lower-cost lifestyle than many urban centers across the country, making it worth considering for a long-term residence.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sikeston, 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.): $250 per month

Living in Sikeston, 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 250 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: 95.5

Median Income

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

• Median Income: $47464

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 Sikeston, 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.