The cost of living in Neosho, Missouri, offers a more affordable lifestyle compared to the nationwide average. The overall index sits at 89, indicating an 11% reduction in average living expenses. This makes housing, groceries, utilities, transportation, healthcare, and miscellaneous items less costly than what one might find in other parts of the country.
Breaking down the index components, Neosho provides significant savings in housing and transportation, with indices of 80 and 89, respectively. Although some categories like groceries and utilities are close to the national average, the overall lower index still presents a favorable opportunity for those seeking to reduce living costs.
Neosho, Missouri, offers a favorable cost of living compared to the nationwide average. This city’s overall cost of living index stands at 87, which means it costs 13% less than the average. Specifically, housing in Neosho is priced at 80, a notable 20% below the nationwide average. This makes it a more affordable option for those considering residence there.
When examining individual categories, Neosho maintains relatively close costs to the national average. For instance, groceries are 92, just 2% lower than the national index. Utilities also show a minor decrease of 5% at 95. Transportation costs are slightly below average at 89, a 11% reduction. Healthcare stands at 88, slightly lower by 12%. Miscellaneous expenses, which include items like entertainment and personal care, are at 91, 9% below the national average. This balanced approach makes Neosho an attractive location for many job seekers looking for affordability without sacrificing quality.