Cost of Living in Malden, MO
Housing
The housing market plays a significant role in determining the cost of living in Malden, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: $108,000
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
Considering a move to Malden, MO? With a housing index of 89.1, it's relatively affordable compared to national trends. The median home price of 108000 provides a great opportunity for first-time buyers. Meanwhile, rentals remain budget-friendly, with an average of 1340 for a 2-bedroom apartment and 1457 for a 2-bedroom house. Keep in mind that the job market and local amenities also play a significant role in your decision. Overall, Malden appears to offer a promising environment for both buying and renting.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Malden, 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 Malden, 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 Malden is a financially viable option for your relocation.