Cost of Living in Rea, MO
Housing
The housing market plays a significant role in determining the cost of living in Rea, MO.
- Housing Index: 89.1 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1340 per month
- Average Rent (2 BR House): $1457 per month
Considering a move to Rea, MO? With a 89.1 housing index and a median home price of 150000, this location appears more accessible than many urban centers. However, it's essential to note the average rents for a 2-bedroom apartment and house are currently not cited, possibly indicating unique availability challenges. Based on median price alone, prospective buyers can capitalize on affordability here. Research local amenities, schools, and neighborhood dynamics to determine if this area aligns with your lifestyle and budget priorities before deciding!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rea, 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 Rea, 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 Rea is a financially viable option for your relocation.