Excelsior Springs, MO, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Excelsior Springs stands at 92, which is 8% lower than the national average of 100. This makes housing, groceries, utilities, and healthcare more affordable for residents. However, transportation costs are slightly higher, at 98, indicating a minor increase in this area.
Excelsior Springs, Missouri, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 85, which is 15% less than the national average of 100. This means that housing costs in Excelsior Springs are more affordable, making it a potentially attractive option for those looking to save on their living expenses. Additionally, the groceries index is at 95, which is 5% less than the national average. This indicates that residents can expect to spend slightly less on groceries compared to the average American.
Transportation costs in Excelsior Springs are slightly above the national average, with an index of 98, representing a 2% increase. This means that while housing and groceries are cheaper, transportation costs are marginally higher. The utilities index is at 90, which is 10% below the national average, offering another area where residents can save money. Healthcare costs are also slightly below the average, with an index of 92, representing an 8% decrease. This suggests that healthcare expenses in Excelsior Springs are more affordable than the national average. Overall, the cost of living in Excelsior Springs provides a balanced mix of savings and minor increases, making it a viable option for those seeking a more affordable lifestyle.
