Smithville, MO, offers a cost of living that is notably lower than the nationwide average of 100. The overall cost of living index in Smithville stands at 89. This means residents can expect expenses to be 11% cheaper on average compared to the national average. Specifically, housing and transportation in Smithville are particularly affordable, with indices of 85, making these areas even more attractive for budget-conscious individuals.
Smithville, Missouri, shows a cost of living index that reflects both advantages and areas needing attention when compared to the nationwide average, which is set at 100. Housing costs in Smithville stand at 85, suggesting that expenses for renting or buying homes are 15% lower than the national average. This makes housing one of the more affordable aspects of living in Smithville, potentially offering savings for residents.
When it comes to groceries, Smithville scores a 95 on the index, indicating that food costs are just 5% below the national average. This means that purchasing groceries in Smithville remains quite affordable and close to the national standard. Utilities and healthcare in Smithville are also slightly below average, with indices of 90 and 95 respectively. Transportation costs are at 85, showing a 15% decrease compared to the national average. These figures present Smithville as a location with several cost-saving opportunities for its residents, particularly in housing and transportation.