Cost of Living in Fordland, MO
Housing
The housing market plays a significant role in determining the cost of living in Fordland, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: $130,000
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
Analyzing the data for Fordland, MO reveals that the housing index is currently at 89.1, indicating no recorded movement in the local rental market for both apartments and houses, with average rents at 1340 and 1457 reported as zero. However, the median home price stands at 130000, suggesting that home buying could still be affordable for many. Potential buyers should assess the overall cost of living and job opportunities in the area, as investing in property while rent is stagnant could position you strategically for future gains.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fordland, 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 Fordland, 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 Fordland is a financially viable option for your relocation.