Monett, MO, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Monett stands at 87, which is 13% lower than the national average of 100. This lower index makes it an attractive option for those seeking more affordable living conditions without sacrificing essential services and amenities.
Each category, including housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses, reflects a cost that is generally under the national average. For instance, housing costs in Monett are 18% lower, while groceries are 12% lower. This pattern continues across other categories, making Monett a cost-effective choice for many job seekers.
Monett, Missouri, offers a cost of living that is notably lower than the nationwide average. The housing index, for instance, stands at 82, which is 18% lower than the average of 100. This means that housing costs in Monett are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the grocery index is at 88, which is 12% below the national average. This suggests that residents can expect to spend less on food and household items, contributing to overall savings.
Transportation costs in Monett are also slightly lower than the national average, with an index of 85, representing a 15% reduction. This can be particularly beneficial for those who rely on personal vehicles, as fuel and maintenance costs are more manageable. The healthcare index is slightly above the average at 92, which is a 2% increase. While this is a minor rise, it remains relatively favorable compared to other areas. Overall, Monett provides a cost-effective living environment with several expenses below the national average.