Kennett, MO, features a cost of living index that is notably below the nationwide average, which is set at 100. Overall, living expenses in Kennett are about 87% of the national average. Specifically, housing costs stand at 78% of the national rate, making it the most affordable category. In contrast, miscellaneous costs at 88% and healthcare at 90% are slightly above the national average, indicating a balanced cost structure across different living areas.
Kennett, Missouri, offers a cost of living index that stands below the nationwide average of 100. The most notable difference is in housing, with Kennett's index at 78. This means residents can expect to pay 22% less for housing compared to the national average. Lower housing costs can make Kennett an attractive option for those looking to save on living expenses.
Across other categories, the cost of living in Kennett remains relatively close to the national average. For instance, groceries are priced at 93, indicating a 7% lower cost. Utilities also align closely, with an index of 95, only 5% below the national average. This trend continues in transportation, healthcare, and miscellaneous items, which are all within a 10% difference from the average. These figures suggest that while housing is significantly cheaper, other living expenses in Kennett are quite comparable to the rest of the country.
