The cost of living index in Barnhart, MO, stands at 89, which is 11% below the nationwide average of 100. This lower cost of living makes Barnhart an attractive option for job seekers looking to maximize their purchasing power. Housing costs, at 85, contribute most significantly to the overall lower index, while groceries and utilities remain close to the national average.
The cost of living in Barnhart, Missouri, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Barnhart stand at 85, indicating that residents can expect to pay 15% less than the national average. This reduction in housing expenses can make Barnhart an attractive option for those looking to save on one of the largest monthly expenditures.
In other areas, Barnhart also shows competitive costs. Groceries, for instance, are priced at 95, which is only 5% above the average. Utilities cost 90, meaning residents pay 10% less than the national average. Transportation costs are at 88, which is 12% below the average. Healthcare costs are slightly higher at 92, but still only 8% above the national average. Miscellaneous costs, which include items like entertainment and personal care, are at 87, showing a 13% reduction. Overall, Barnhart offers a cost of living that is generally lower than the national average, making it a potentially cost-effective place to live.