The cost of living in Hollister, MO, is notably lower than the nationwide average. Specifically, the overall cost of living index for Hollister stands at 91, which is 9% below the national benchmark of 100. This lower cost of living makes Hollister an attractive option for job seekers looking to maximize their purchasing power.
Hollister's housing index of 86 shows the most significant savings, with housing costs being 14% below the national average. Groceries, utilities, and healthcare also remain slightly below the national average, with indices of 94, 97, and 90, respectively. This consistent trend across various categories highlights the affordability of living in Hollister.
The cost of living index in Hollister, MO, shows a mix of affordability and slight increases compared to the nationwide average. Housing costs in Hollister stand at 86, which is 14% below the national average. This suggests that residents can find housing that is more affordable than the average American. Groceries, another essential expense, are priced at 94 in Hollister, which is 4% higher than the national average. This indicates that while groceries are slightly more expensive, they remain relatively close to the average cost.
Utilities in Hollister are at 97, which is 3% higher than the national average. This small increase means that residents might spend a bit more on utilities compared to the average American. Transportation costs in Hollister are at 92, which is 8% lower than the national average. This presents an opportunity for savings on commuting and daily travel. Healthcare costs in Hollister are at 90, which is 10% lower than the national average, offering a potential benefit for those seeking medical services. Miscellaneous costs in Hollister are at 88, which is 12% below the national average. Overall, Hollister provides a balanced cost of living with some areas offering savings and others showing slight increases.