Monett, MO, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Monett stands at 89, which is 11% below the national average of 100. This lower cost of living is particularly noticeable in housing, where the index is 80, indicating a 20% reduction compared to the average. While some categories like groceries and utilities are close to the national average, the overall lower cost makes Monett an attractive option for those looking to manage living expenses effectively.
Monett, Missouri, offers a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Monett stands at 80, indicating that housing costs are 20% lower than the national average. This makes it an attractive option for those looking to save on their housing expenses without sacrificing quality of life.
In addition to housing, the transportation index in Monett is 85, which is 15% lower than the national average. This suggests that commuting and vehicle-related costs are more affordable. Groceries, utilities, and miscellaneous expenses also show a slight advantage, with indices of 95, 90, and 92, respectively. These figures indicate that these costs are only slightly below the average, making Monett a cost-effective place to live overall. Healthcare costs remain on par with the national average at 100, ensuring that essential medical services are accessible without additional financial strain.