The cost of living index in Fredericktown, MO, stands at a lower rate compared to the nationwide average, which is set at 100. This lower index means residents can expect to spend less on various living expenses. Specifically, housing costs in Fredericktown are 25% lower, groceries 10% lower, utilities 15% lower, transportation 5% lower, healthcare 12% lower, and miscellaneous expenses 20% lower than the national average. This makes Fredericktown a potentially more affordable place to live.
The cost of living in Fredericktown, MO, is notably lower than the nationwide average, which is set at 100. Housing costs, for example, are at 75, meaning they are 25% less expensive than the national average. Job seekers will find this aspect particularly appealing, as housing is often one of the largest expenses in one’s budget.
When it comes to groceries, the cost of living index in Fredericktown is 90. This represents a 10% increase over the national average. While not the cheapest, groceries remain relatively affordable. Utilities are close to the national average at 85, suggesting they are only 15% below the nationwide cost. Combined with lower housing costs, this provides a balanced and affordable living situation. Transportation costs are slightly higher, at 95, reflecting a 5% increase over the national average. Healthcare, at an index of 88, is 12% below the national average, offering a relief to those considering long-term living in Fredericktown. Lastly, miscellaneous expenses stand at 80, which is 20% lower than the national average, rounding out a generally favorable cost of living picture.
