Fredericktown, MO, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Fredericktown stands at 88, which is 12% below the national average of 100. This makes Fredericktown an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Specifically, housing costs in Fredericktown are 18% below the national average, while groceries and utilities are slightly above average. Transportation, healthcare, and miscellaneous costs also remain competitive, further enhancing the town's appeal for budget-conscious individuals.
Fredericktown, MO, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 82, which is 18% below the national average. This means that housing costs in Fredericktown are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the groceries index, at 90, is only 10% below the national average, indicating that food costs remain relatively close to the nationwide standard.
Utilities in Fredericktown are slightly above the national average, with an index of 95, which is 5% higher. This modest increase suggests that while utilities are not as cheap as housing, they still remain quite reasonable. Transportation costs, with an index of 93, are just 7% below the national average, offering a small advantage for those who rely on personal vehicles. Healthcare costs, at 87, are 13% below the national average, providing a notable benefit for residents. Finally, the miscellaneous costs index of 88 is 12% below the average, further contributing to the overall affordability of living in Fredericktown.
