Cost of Living in Mansfield, MO
Housing
The housing market plays a significant role in determining the cost of living in Mansfield, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: $163,000
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
Considering a move to Mansfield, MO? The median home price here is quite affordable at 163000, which may present a solid investment opportunity. However, the housing index is showing as 89.1, indicating potential market challenges like low demand or inventory issues. Additionally, both the average rent for a 2-bedroom apartment and a house are reported as zero, which could suggest limited rental options or a need for further research into local housing dynamics. Exploring these factors is crucial for making an informed decision about relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mansfield, 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 Mansfield, 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 Mansfield is a financially viable option for your relocation.