Webster Groves, MO, boasts a cost of living index that is slightly below the nationwide average. The comprehensive cost of living index stands at 94, indicating a modest 6% reduction from the national benchmark of 100. This lower index makes Webster Groves an attractive option for individuals seeking a more affordable lifestyle without significant sacrifices in quality of life.
The cost of living metrics reveal that Webster Groves offers competitive advantages in various categories. For instance, the housing index is 90, providing savings of 10%. Groceries, utilities, and healthcare also fall slightly below the national average, with indices of 95, 97, and 93, respectively. This data suggests that residents can enjoy a balanced cost of living with several areas offering notable discounts compared to the national norms.
According to the latest data, the cost of living in Webster Groves, MO, shows a relatively balanced comparison to the nationwide average. With a cost of living index at 90, housing in Webster Groves stands at 10% below the national average of 100. This means residents can expect to pay less for their homes compared to the rest of the country, making it an attractive option for budget-conscious individuals. Groceries in Webster Groves, with an index of 95, are just 5% below the average, suggesting minimal savings or additional costs when shopping for daily essentials. Utilities and transportation costs in Webster Groves are slightly higher than the national average, at 97 and 98 respectively, indicating a minimal increase but still remaining very competitive.
Healthcare costs in Webster Groves are at 93, which is 7% below the average, offering potential savings for residents' medical expenses. Miscellaneous costs, which include items like clothing, entertainment, and personal care, also stand at 92, meaning they are 8% below the national average. This combination of moderate housing costs and relatively lower prices in other areas makes Webster Groves a potentially appealing location for those looking to manage their expenses effectively.
