Cost of Living in Thayer, MO
Housing
The housing market plays a significant role in determining the cost of living in Thayer, MO.
- Housing Index: 85.0 / 100
- Median Home Price is: $144000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Thayer, MO? The housing index sits at 85.0, indicating a relatively affordable market compared to national averages. With a median home price of 144000, purchasing a home could be financially feasible. Additionally, average rents for 2-bedroom apartments are around 1200, while 2-bedroom houses average 1360. This economy offers a balance between rental costs and homeownership potential, making it an attractive option for those looking to relocate. Remember to also explore local amenities and job opportunities, as these elements enhance your living experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Thayer, 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 Thayer, 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 Thayer is a financially viable option for your relocation.