Kennett, MO, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Kennett is 86, which is 14% below the national average of 100. This makes housing, utilities, and miscellaneous expenses notably cheaper, while groceries and healthcare costs remain close to the average.
Job seekers will find that living in Kennett can be more affordable, especially in housing and utilities. The lower cost of living can provide a significant advantage for those looking to maximize their budget.
The cost of living index in Kennett, MO, shows a varied picture when compared to the nationwide average. Housing costs in Kennett are notably lower, with an index of 76. This means that housing expenses in Kennett are 24% lower than the national average. For job seekers, this could translate into more affordable living conditions, allowing for a greater portion of their income to be allocated to other needs.
Other essential costs also reflect a mix of affordability and slight increases. Groceries in Kennett have an index of 92, which is 8% higher than the average. Utilities, with an index of 89, are 11% lower, offering some relief in monthly expenses. Transportation costs are at 85, which is 15% below the national average, making commuting more budget-friendly. Healthcare costs are slightly higher, at 95, which is 5% above the average, a factor to consider for those prioritizing health services. Miscellaneous expenses, with an index of 78, are 22% lower, providing additional savings in everyday spending. Overall, Kennett presents a balanced cost of living with several areas offering savings compared to the national average.