Cost of Living in Noel, MO
Housing
The housing market plays a significant role in determining the cost of living in Noel, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: $178,000
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
When considering a move to Noel, MO, it's important to note the current housing climate characterized by an index of 89.1, which may indicate a lack of available data or local trends. The median home price stands at a reasonable 178000, making homeownership potentially attainable for many. However, with both the average rent for a 2-bedroom apartment and house currently showing as 1340 and 1457, it raises concerns about rental availability. Understanding local amenities and job markets is crucial as they can greatly affect housing decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Noel, 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 Noel, MO could entail higher utility costs. Electricity costs sit at $14.64, while natural gas is priced at $23.25 per Thousand Cubic Feet β 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 Noel is a financially viable option for your relocation.