Malden, MO, has a cost of living index that is notably lower than the nationwide average. Malden's overall cost of living stands at 84, which is 16% below the national average of 100. Housing costs in Malden are particularly lower, with an index of 70. This makes Malden an attractive location for those seeking affordability without sacrificing too much in other areas such as groceries, utilities, and healthcare.
Malden, MO, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Malden stands at 70, indicating that housing costs here are 30% lower than the national average. This offers significant savings for residents, making it easier to manage living expenses.
In terms of other essential expenses, Malden continues to exhibit lower costs. Groceries, which have an index of 85, show a 15% decrease compared to the national average. The transportation index stands at 90, reflecting only a 10% increase, while utilities are slightly higher at 95, which is a 5% increase. Healthcare and miscellaneous costs, with indices of 80 and 88 respectively, also remain below the national average. These lower costs present attractive opportunities for individuals and families seeking a more affordable lifestyle.