The cost of living index in Monett, MO, reveals that it is generally lower than the nationwide average. Housing costs, for example, are 20% lower than the national average. Groceries are only 10% lower, while utilities, transportation, and miscellaneous items also show modest decreases. Healthcare costs, however, remain on par with the national average.
Professional job seekers considering Monett, MO, will find that housing and transportation offer the most significant savings compared to the national average. Housing costs are 20% lower, and transportation costs are 15% lower. Although groceries and utilities are slightly cheaper, healthcare costs align closely with the national average, providing a balanced perspective on living expenses in Monett.
Monett, Missouri, boasts a cost of living index that offers a blend of affordability and accessibility, making it an attractive option for many professionals. According to recent data, Monett’s overall cost of living index stands at 89, which is 11% lower than the nationwide average of 100. This means that, on average, residents of Monett can expect to spend less on their everyday expenses compared to the rest of the country.
When examining specific categories, Monett presents several cost-saving opportunities. For instance, housing costs in Monett are at 80, indicating a 20% reduction compared to the national average. Similarly, groceries are priced at 90, which is 10% below the national average. Utilities in Monett are slightly higher at 95, only 5% above average, while transportation costs at 85 represent a 15% savings. Healthcare remains consistent with the national average at 100, and miscellaneous expenses at 88 suggest an 12% savings. Overall, these metrics highlight Monett’s potential to offer a more affordable lifestyle without compromising on quality.