The cost of living index in Fredericktown, MO, presents a favorable comparison to the nationwide average, which is set at 100. Among the categories, Housing stands at 75, indicating it costs 25% less than the national average. Groceries, Utilities, Transportation, Healthcare, and Miscellaneous range from 85 to 95, offering savings of 5% to 15% below the national average.
This data suggests that Fredericktown provides a more affordable living environment, making it an attractive option for professional job seekers looking to balance their budget with quality of life.
Fredericktown, MO, offers a cost of living that is notably below the nationwide average, which is set at 100. For housing, residents of Fredericktown enjoy a significant advantage, with the cost of housing being only 75% of the national average. This means that housing expenses are 25% lower than what one would find in an average American city, making it a more affordable place to live in this regard.
Furthermore, while the miscellaneous category stands at 90% of the national average, indicating a reasonable but slightly below-average cost, other areas such as groceries, transportation, and healthcare are closely aligned with or slightly below the national average. Groceries cost 92%, transportation 85%, and healthcare 95%. This combination of lower housing costs and comparable expenses in other areas makes Fredericktown an attractive option for those seeking an affordable living environment with minimal compromises on quality of life.
