The cost of living index in Boonville, MO, shows a varied picture compared to the nationwide average. Housing costs are notably lower at 75, which means they are 25% below the national average. Groceries, utilities, and transportation also have slightly lower costs, while healthcare and miscellaneous expenses are closer to the national average.
Overall, Boonville offers a cost of living that is 85% of the nationwide average. This makes it a more affordable place to live in several key areas, potentially offering savings for job seekers and families.
The cost of living index in Boonville, Missouri, shows a mix of affordability and higher expenses compared to the nationwide average. Housing costs are notably lower, with an index of 75. This means housing in Boonville is 25% less expensive than the national average. For job seekers, this could be a significant advantage, offering more financial flexibility.
Other areas, however, present different scenarios. Groceries in Boonville have an index of 90, which is 10% higher than the average. Utilities also stand at 85, which is 15% below the national average, providing some relief. Transportation costs are slightly higher, with an index of 95, meaning they are 5% more expensive. Healthcare costs are at 80, which is 20% less than the average, potentially offering savings for those with health needs. Miscellaneous expenses have an index of 70, indicating a 30% reduction compared to the national average. This varied cost of living index presents both opportunities and challenges for those considering a move to Boonville.
