The cost of living index in Boonville, MO, shows a favorable comparison to the nationwide average, which is set at 100. Housing costs in Boonville are 25% lower, making it more affordable for those seeking homes. The overall cost of living in Boonville is slightly lower, with the combined index at 87.5, indicating a 12.5% reduction from the average cost of living.
The cost of living in Boonville, Missouri, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Boonville stand at 75, which is 25% lower than the national average. This makes it an attractive option for individuals and families looking to save on housing expenses without sacrificing quality of life.
Additionally, Boonville's grocery costs are slightly above the national average, with an index of 90, representing a 10% increase. While this is a consideration, the overall cost of living remains competitive. Utilities in Boonville are at 95, which is 5% higher than the national average. Transportation costs are also slightly lower, with an index of 85, meaning they are 15% cheaper than the average. Healthcare costs in Boonville match the national average at 100, ensuring that medical expenses are on par with the rest of the country. Miscellaneous expenses, with an index of 80, are 20% lower than the national average, offering further savings opportunities. Overall, Boonville offers a balanced cost of living that is generally more affordable than the national average.