Fredericktown, MO, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Fredericktown stands at 89, which is 11% lower than the national average of 100. This makes housing, groceries, and transportation more affordable, while utilities, healthcare, and miscellaneous expenses remain close to the average.
Job seekers considering Fredericktown will find that their housing costs are 17% lower, groceries are 10% lower, and transportation costs are 13% lower than the national average. Utilities, healthcare, and miscellaneous expenses are only slightly below the average, making Fredericktown a cost-effective option for those looking to balance affordability with quality of life.
Fredericktown, Missouri, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Fredericktown stands at 88, which is 12% below the average of 100. This lower index suggests that residents can expect to spend less on their overall living expenses compared to the national average. Housing, for instance, is 17% cheaper in Fredericktown, with an index of 83, making it an attractive option for those looking to save on their housing costs.
In addition to housing, other categories such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect lower costs. Groceries cost 10% less, with an index of 90, while utilities are only 5% below the average at 95. Transportation costs are 13% lower, with an index of 87, and healthcare costs are at par with the national average, also at 95. Miscellaneous expenses, which include items like clothing and entertainment, are 8% cheaper, with an index of 92. These figures collectively paint a picture of Fredericktown as a place where living expenses are more affordable, making it a potentially attractive location for job seekers and families.