The cost of living in Kearney, MO, is notably lower than the nationwide average, which is set at 100. Specifically, Kearney's overall cost of living index stands at 88. This means residents can expect to spend about 12% less on average compared to the national average.
Housing in Kearney is particularly affordable, with an index of 80, indicating a 20% reduction from the national average. Other categories like groceries, utilities, and healthcare also show lower costs, though not as dramatically. This makes Kearney an attractive option for those looking to reduce their living expenses while maintaining a good quality of life.
The cost of living in Kearney, MO, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Kearney stand at 80, which is 20% lower than the national average. This makes it an attractive option for those looking to save on housing expenses. Additionally, groceries in Kearney are priced at 95, only 5% below the national average, indicating that food costs remain quite reasonable.
Utilities in Kearney are at 90, which is 10% less than the national average. This suggests that residents can expect to spend less on essential services like electricity and water. Transportation costs are also slightly lower, with an index of 85, meaning they are 15% below the average. Healthcare costs in Kearney are comparable to the national average, with an index of 95, indicating only a 5% difference. Miscellaneous expenses, which include items like clothing and entertainment, are at 88, which is 12% lower than the national average. Overall, Kearney offers a cost of living that is notably lower than the national average in several key areas.