Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Bethany, Missouri is a smaller city with a population of 3,135 inhabitants. At 97%, the majority of the Bethany population is White; this is followed by 2% Black and 1% Asian. Not a fan of sitting in traffic during your commute to work? Bethany offers shorter work commutes, with an average one-way commute time taking only 16 minutes, far lower than the national average of 26 minutes.
Are you trying to decide if living in Bethany is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Missouri, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, cost of living, commute, health & safety, employment and other key data points, finding the best places to live in Bethany and in the areas around Bethany is a much easier task.
With a livability score of 66/100, Bethany is ranked #9,926 in the United States and #193 in Missouri. If we examine each of the categories individually, we see that Bethany ranks well for crime (A) and housing (B). There is at least one category that did not score well in Bethany. The following was graded with a less than perfect score: amenities (F) and employment (F).
Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Bethany, residents enjoy the privilege of a cost of living that is 21.7% below the national average. This favorable positioning extends its influence across a broad spectrum of expenses, encompassing not only goods and services but also housing costs, groceries and healthcare costs. Consequently, this locale emerges as a hub where your financial resources go further, allowing you to maintain an economical and sustainable way of life. This affordability becomes increasingly significant in an era marked by escalating expenses, rendering Bethany an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.
The unemployment rate in Bethany has consistently declined over the years and currently stands well below the national average at 2.63%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Bethany apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Bethany meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Bethany. Everything else becomes a lot less important if it turns out that home prices in Bethany are simply unattainable. Median real estate prices in Bethany come in at $86,300, which is 38.9% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Bethany, the home price to income ratio is 2.9, which is 0% lower than the Missouri average.
| Statistic | Bethany | Missouri | National |
| Average one way commute | 16min | 23min | 26min |
| Workers who drive to work | 68.3% | 81.6% | 76.4% |
| Workers who carpool | 16.7% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 4.1% | 1.9% | 2.8% |
| Working from home | 10.2% | 4.6% | 4.6% |
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