Bowling Green, MO, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The overall cost of living index for Bowling Green is 87, reflecting a 13% decrease compared to the national average. This suggests that residents can find more affordable housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses in Bowling Green.
Each category shows a slightly different picture. For example, housing costs are 25% below the national average, while groceries and utilities are 11% and 10% below, respectively. Transportation costs are just 5% below the average, while healthcare costs are 12% lower. Miscellaneous costs in Bowling Green are 15% cheaper than the national average. This comprehensive view highlights the financial benefits of living in Bowling Green.
The cost of living in Bowling Green, Missouri, stands below the nationwide average in several key areas. Housing costs, for example, are significantly lower, with an index score of 75. This means that housing expenses in Bowling Green are 25% cheaper than the national average. For professionals considering a move, this presents a significant opportunity to stretch their dollars further, making it easier to afford comfortable living conditions.
In addition to lower housing costs, Bowling Green also offers savings in other essential areas. Transportation, for instance, has an index of 95, indicating that costs are 5% below the national average. Groceries and utilities are slightly above the national average, with indexes of 89 and 90, respectively, meaning they are 11% and 10% cheaper. Healthcare costs also remain favorable, with an index of 88, translating to 12% savings. These cost savings across multiple areas make Bowling Green an attractive option for many looking to improve their quality of life without breaking the bank.