Monett, MO Cost Of Living
Cost Of Living In Monett, MO Summary
Cost of living in Monett 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 Monett 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 Monett is 83, with 100 being the average.
The cost of living index in Monett is 0.8x lower than the national average.
Monett ranks as the #24 cheapest in Missouri out of 143.
Monett ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Monett is $123,300.
The median income in Monett is $39,469.
Table Of Contents
Monett's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Monett, MO?
According to the most recent data on the cost of living, Monett has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Missouri, Monett has a cost of living index that's 0.9x lower than Missouri's index of 89.
The standard of living in Monett ranks as #24 most affordable out of the 143 places we measured in Missouri. By definition, that implies Monett ranks as the #119 most expensive place in the Show Me State.
For more reading on life in Monett, check out:
- Living In Monett
- Monett Crime Report
- Search Homes For Sale In Monett, MO
In Missouri
In America
Monett Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Monett. Here is how it fairs on each of the criteria:
The Services index in Monett is 86.
The Groceries index in Monett is 88.
The Health index in Monett is 92.
The Housing index in Monett is 58.
The Transportation index in Monett is 91.
The Utilities index in Monett is 106.
| Living Expense | Monett | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 83 | 89 | 100 | |
| Services | 86 | 92 | 100 | |
| Groceries | 88 | 96 | 100 | |
| Health | 92 | 88 | 100 | |
| Housing | 58 | 79 | 100 | |
| Transportation | 91 | 95 | 100 | |
| Utilities | 106 | 95 | 100 | |
Monett, 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 Monett is $123,300.
The Median Rent in Monett is $764.
The Median Income in Monett is $39,469.
The Home Value To Income in Monett is 3.1x.
The Rent To Monthly Income in Monett is 0.23x.
| Statistic | Monett | Missouri | United States |
|---|---|---|---|
| Median Home Value | $123,300 | $171,800 | $244,900 |
| Median Rent | $764 | $886 | $1,163 |
| Median Income | $39,469 | $61,043 | $69,021 |
| Home Value To Income | 3.1x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Monett, MO Costs By Category
Detailed Monett Services Costs Vs. Missouri
Detailed Monett Groceries Costs Vs. Missouri
Detailed Monett Health Costs Vs. Missouri
Detailed Monett Transportation Costs Vs. Missouri
Detailed Monett Utilities Costs Vs. Missouri
Monett SnackAbility
/10
Cost Of Living In Cities Around Monett
The cost of living varies in the cities and towns around Monett. Here's a quick look at the cost of living in the most populous nearby places:
Rogers, AR has a cost of living index of 87, 1.0x Monett.
Bentonville, AR has a cost of living index of 89, 1.1x Monett.
Nixa, MO has a cost of living index of 89, 1.1x Monett.
| City | Population | Cost Of Living | Vs. Monett |
|---|---|---|---|
| Rogers, AR | 68,340 | 87 | 1.0x |
| Bentonville, AR | 52,565 | 89 | 1.1x |
| Nixa, MO | 22,925 | 89 | 1.1x |
| Ozark, MO | 20,874 | 92 | 1.1x |
| Republic, MO | 18,313 | 87 | 1.0x |
| Neosho, MO | 12,439 | 77 | 0.9x |
| Carl Junction, MO | 8,099 | 88 | 1.1x |
| Aurora, MO | 7,268 | 82 | 1.0x |
| Willard, MO | 6,233 | 86 | 1.0x |
| Battlefield, MO | 5,957 | 92 | 1.1x |
