The cost of living index in University City, MO, stands at 95, which is 5% below the nationwide average of 100. This lower index suggests that residents may find certain expenses, particularly housing, to be more affordable compared to the national average.
University City's housing index, at 90, indicates a 10% reduction from the national average, making it a particularly attractive area for those seeking lower housing costs. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also hover around or slightly below the national average, offering a generally favorable cost of living.
The cost of living in University City, MO, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in University City stand at 90, indicating a 10% lower expense compared to the national average. This makes housing more affordable for residents and job seekers in the area.
Other essential expenses also show a positive trend. Groceries cost 95, which is 5% less than the average, while utilities are at 105, reflecting a modest 5% increase. Transportation costs are at 92, which is 8% below the average, offering savings for those who rely on personal vehicles. Healthcare costs are slightly above average at 98, showing a minimal 2% increase. Miscellaneous expenses are at 97, which is 3% less than the national average. Overall, University City provides a cost-effective living environment for many of its residents.