Parkville, MO, offers a notably affordable cost of living compared to the nationwide average. The cost of living index for Parkville stands at 91, which means residents generally spend 9% less on their expenses than the national average of 100. The lower housing index of 85 contributes significantly to this reduction, indicating that housing costs in Parkville are particularly economical.
While certain categories like groceries, utilities, and healthcare hover around the national average, miscellaneous costs at 88 suggest a slight edge in savings. Parkville’s relatively low transportation index of 93, paired with the high healthcare index of 97, highlights the area’s balanced cost structure. This makes Parkville a potentially attractive location for job seekers looking for affordability without sacrificing quality of life.
Parkville, MO, presents a cost of living index that offers insights for professional job seekers considering this locale. Compared to the nationwide average, which is set at 100, Parkville's housing index stands at 85. This means housing costs in Parkville are 15% lower than the national average, providing potential savings for residents. Lower housing costs can make it easier for individuals to manage their budgets and allocate funds to other essential expenses.
In other areas, Parkville's cost of living index remains close to the national average. Groceries cost 95, utilities 90, transportation 93, healthcare 97, and miscellaneous expenses 88. These figures indicate that while Parkville residents benefit from slightly lower housing prices, other living costs are nearly on par with national standards. This balance suggests that Parkville offers a cost-effective living environment with few significant deviations from the nationwide cost of living.
