Dexter, MO, offers a lower cost of living compared to the nationwide average. The cost of living index stands at 85, which is 15% below the national average of 100. This difference is primarily due to more affordable housing and utilities.
Housing in Dexter is 30% cheaper, with an index of 70. Utilities follow closely, with an index of 80, which is 20% lower. Groceries and healthcare have indices of 93 and 95, respectively, both slightly below the national average. Transportation and miscellaneous costs also hover around the national average, making Dexter a competitive choice for budget-conscious job seekers.
Dexter, Missouri, boasts a cost of living index that offers intriguing insights for those considering relocation or investment. When comparing the cost of living in Dexter to the nationwide average, which stands at 100, it becomes clear that this city has several areas where expenses are below the average. Housing costs in Dexter are notably lower, sitting at 70. This means that housing expenses here are 30% less than the national average. For those on a budget, this is a significant advantage.
In other categories, Dexter still maintains a relatively competitive cost of living. Groceries are priced at 93, indicating only a 7% increase over the national average. Utilities, crucial for daily living, are at 80, showing a 20% reduction. Transportation costs stand at 90, meaning they are just 10% above the average. Healthcare expenses are relatively close to the average at 95, with a 5% increase. Miscellaneous costs are at 85, which is 15% lower than the national average. Overall, Dexter provides a balanced cost of living that appeals to many, combining affordable housing with reasonably priced daily necessities.