Cottleville, MO, offers a lower cost of living compared to the nationwide average. The cost of living index in Cottleville stands at 95.5, which is 4.5% lower than the average index of 100. The housing index of 89 and miscellaneous costs at 92 are the most notable contributors to this lower index.
Each category, including groceries (95), utilities (98), transportation (97), and healthcare (100), supports the overall lower cost of living in Cottleville. Residents find that most expenses are slightly below the national average, making it a more affordable option.
The cost of living in Cottleville, MO, offers insights into how expenses compare to the national average. This index helps individuals understand their potential expenses. The housing index in Cottleville stands at 89, which is 11% lower than the nationwide average of 100. This suggests that housing costs are relatively affordable in this area compared to the rest of the country.
Furthermore, the grocery index in Cottleville is 95, only 5% below the national average. Residents can expect grocery bills to be reasonably close to what they might pay elsewhere. Utilities in Cottleville have an index of 98, just 2% below the national average. This minor difference means utility costs are nearly the same as the rest of the nation. Transportation costs, with an index of 97, are 3% below the average, indicating slightly lower expenses for commuting and vehicle upkeep. Healthcare costs in Cottleville match the national average at 100, providing no extra costs or savings. Miscellaneous costs, with an index of 92, are 8% below average, showing potential savings in other areas like entertainment and personal items. Overall, Cottleville offers a cost of living that is slightly below the national average, making it an attractive option for those seeking affordability.