Cost of Living in Kennett, MO
Housing
The housing market plays a significant role in determining the cost of living in Kennett, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
The data from Kennett, MO indicates a 89.1 housing index of 0.0, suggesting that the market is still developing or facing significant challenges. With a median home price of $0, this could represent a rare opportunity for investments, assuming values improve over time. However, both the average rent for a 2-bedroom apartment at $1340 and the average rent for a 2-bedroom house at $1457 are also showing as 0.0, which may reflect either a lack of data or limited rental availability. Researching local amenities and future developments will be crucial before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kennett, 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 Kennett, 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 Kennett is a financially viable option for your relocation.