Oakville, MO, has a cost of living index that is slightly below the nationwide average. The overall index stands at 95, which is 5% lower than the national benchmark of 100. This means that, on average, residents in Oakville can expect to spend less on most goods and services compared to the rest of the country.
Specifically, housing costs 10% less, while groceries, transportation, healthcare, and miscellaneous expenses are also slightly lower. However, utility costs in Oakville match the national average. This data suggests that Oakville offers a more affordable living environment for many essential expenses.
Oakville, MO, presents a cost of living that is slightly below the nationwide average. The housing index in Oakville stands at 90, which is 10% lower than the national average of 100. This suggests that housing costs in Oakville are more affordable, making it an attractive option for those looking to save on their living expenses.
Additionally, the grocery index in Oakville is 95, which is 5% lower than the national average. This indicates that residents can expect to spend less on food compared to the average American. Utilities in Oakville are on par with the national average, with an index of 100, meaning there is no significant difference in utility costs. Transportation costs are slightly below the average, with an index of 98, representing a 2% reduction. Healthcare costs in Oakville are also slightly lower, at 97, which is 3% below the average. Lastly, miscellaneous costs, which include items like clothing and entertainment, are 92, showing an 8% decrease from the national average. Overall, Oakville offers a cost of living that is generally favorable for those seeking to manage their expenses effectively.
