Cost of Living in Deerfield, MO
Housing
The housing market plays a significant role in determining the cost of living in Deerfield, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
When considering a move to Deerfield, MO, the current data points towards an intriguing housing landscape. The median home price sits at just 150000, making homeownership potentially more accessible. However, with a housing index of 89.1, it might reflect an underdeveloped market or various other factors affecting supply and demand. The absence of average rents—1340 for apartments and 1457 for houses—suggests limited rental options may also mean fewer choices for prospective renters. In summary, if affordable housing is a priority, Deerfield could be worth exploring further, but consider potential market limitations.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Deerfield, 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.): $234 per month
Living in Deerfield, 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 $234 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 Deerfield is a financially viable option for your relocation.