Crestwood, MO, shows a cost of living slightly below the nationwide average. The overall cost of living index for Crestwood stands at 95, which is 5% lower than the benchmark of 100. Lower housing costs contribute significantly to this index, making it 10% below the average. While transportation costs are slightly higher, the balance among other categories keeps the overall index favorable for potential residents.
Crestwood, MO, has a cost of living that is slightly lower than the nationwide average, providing a more budget-friendly living experience for many residents. According to the cost of living index, Crestwood's overall cost of living stands at 95, which is 5% less than the national average of 100. This reduction comes primarily from the housing sector, where the index is 90, meaning housing costs in Crestwood are 10% below the national average.
Further examining the various categories, Crestwood's groceries index at 95 shows costs only 5% below the national average, making food shopping relatively similar to other areas. Utilities in Crestwood match the national average exactly, with an index of 100, ensuring no extra costs in this area. Transportation costs are slightly higher, standing at 105, which means residents spend 5% more on transportation than the national average. Healthcare costs in Crestwood are nearly on par with the nationwide average, with an index of 98, indicating only a 2% difference. Miscellaneous costs also fall at 92, which is 8% below the national average, offering some relief in everyday expenses. Overall, Crestwood presents a cost of living that is favorably competitive, making it an attractive option for those seeking affordability.