Jackson, MO, presents a favorable cost of living, with an index that averages 86, compared to the nationwide average of 100. This means that residents in Jackson can expect to spend about 14% less on their overall living expenses. Lower costs in areas such as housing and utilities make Jackson an attractive option for job seekers looking for an affordable place to live.
In particular, housing costs in Jackson are 20% below the national average, while groceries and healthcare remain slightly below the average, at 10% and 15% less, respectively. Utilities and transportation also fall short of the national average by 5% and 15%. These savings offer a practical advantage for new residents and professionals relocating to Jackson.
Jackson, MO, presents a cost of living that is notably lower than the nationwide average of 100. Among the various expenses tracked, housing costs in Jackson stand at 80, indicating a 20% decrease compared to the national average. This reduction in housing costs can be a significant draw for job seekers and families looking to save on one of the largest monthly expenses.
In addition to housing, other key areas like groceries and utilities also display lower costs in Jackson. Groceries are priced at 90, which is 10% below the national average. Utilities, necessary for daily living, have an index of 95, only 5% below the national average. Transportation, healthcare, and miscellaneous costs also remain competitive, with indices of 85, 85, and 88 respectively. These figures show that Jackson offers a more affordable lifestyle in multiple essential areas, making it an attractive option for those aiming to manage their finances more effectively.
