Kennett, MO Cost Of Living
Cost Of Living In Kennett, MO Summary
Cost of living in Kennett research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Kennett is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Kennett is 83, with 100 being the average.
The cost of living index in Kennett is 0.8x lower than the national average.
Kennett ranks as the #24 cheapest in Missouri out of 143.
Kennett ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Kennett is $88,000.
The median income in Kennett is $50,127.
Table Of Contents
Kennett's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Kennett, MO?
According to the most recent data on the cost of living, Kennett has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Missouri, Kennett has a cost of living index that's 0.9x lower than Missouri's index of 89.
The standard of living in Kennett ranks as #24 most affordable out of the 143 places we measured in Missouri. By definition, that implies Kennett ranks as the #119 most expensive place in the Show Me State.
For more reading on life in Kennett, check out:
- Living In Kennett
- Kennett Crime Report
- Search Homes For Sale In Kennett, MO
In Missouri
In America
Kennett Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Kennett. Here is how it fairs on each of the criteria:
The Services index in Kennett is 100.
The Groceries index in Kennett is 92.
The Health index in Kennett is 90.
The Housing index in Kennett is 53.
The Transportation index in Kennett is 90.
The Utilities index in Kennett is 87.
| Living Expense | Kennett | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 83 | 89 | 100 | |
| Services | 100 | 92 | 100 | |
| Groceries | 92 | 96 | 100 | |
| Health | 90 | 88 | 100 | |
| Housing | 53 | 79 | 100 | |
| Transportation | 90 | 95 | 100 | |
| Utilities | 87 | 95 | 100 | |
Kennett, MO Housing Cost Breakdown
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Kennett is $88,000.
The Median Rent in Kennett is $570.
The Median Income in Kennett is $50,127.
The Home Value To Income in Kennett is 1.8x.
The Rent To Monthly Income in Kennett is 0.14x.
| Statistic | Kennett | Missouri | United States |
|---|---|---|---|
| Median Home Value | $88,000 | $171,800 | $244,900 |
| Median Rent | $570 | $886 | $1,163 |
| Median Income | $50,127 | $61,043 | $69,021 |
| Home Value To Income | 1.8x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Kennett, MO Costs By Category
Detailed Kennett Services Costs Vs. Missouri
Detailed Kennett Groceries Costs Vs. Missouri
Detailed Kennett Health Costs Vs. Missouri
Detailed Kennett Transportation Costs Vs. Missouri
Detailed Kennett Utilities Costs Vs. Missouri
Kennett SnackAbility
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Cost Of Living In Cities Around Kennett
The cost of living varies in the cities and towns around Kennett. Here's a quick look at the cost of living in the most populous nearby places:
Jonesboro, AR has a cost of living index of 87, 1.0x Kennett.
Paragould, AR has a cost of living index of 86, 1.0x Kennett.
Poplar Bluff, MO has a cost of living index of 82, 1.0x Kennett.
| City | Population | Cost Of Living | Vs. Kennett |
|---|---|---|---|
| Jonesboro, AR | 77,520 | 87 | 1.0x |
| Paragould, AR | 29,327 | 86 | 1.0x |
| Poplar Bluff, MO | 16,318 | 82 | 1.0x |
| Dyersburg, TN | 16,235 | 81 | 1.0x |
| Blytheville, AR | 13,559 | 82 | 1.0x |
| Dexter, MO | 7,947 | 80 | 1.0x |
| Trumann, AR | 7,416 | 80 | 1.0x |
| Osceola, AR | 7,016 | 78 | 0.9x |
| Caruthersville, MO | 5,606 | 78 | 0.9x |
