Willard, MO Cost Of Living
Cost Of Living In Willard, MO Summary
Cost of living in Willard 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 Willard 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 Willard is 86, with 100 being the average.
The cost of living index in Willard is 0.9x lower than the national average.
Willard ranks as the #47 cheapest in Missouri out of 143.
Willard ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Willard is $159,600.
The median income in Willard is $74,438.
Table Of Contents
Willard's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Willard, MO?
According to the most recent data on the cost of living, Willard has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Missouri, Willard has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Willard ranks as #47 most affordable out of the 143 places we measured in Missouri. By definition, that implies Willard ranks as the #96 most expensive place in the Show Me State.
For more reading on life in Willard, check out:
- Living In Willard
- Willard Crime Report
- Search Homes For Sale In Willard, MO
In Missouri
In America
Willard Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Willard. Here is how it fairs on each of the criteria:
The Services index in Willard is 94.
The Groceries index in Willard is 103.
The Health index in Willard is 99.
The Housing index in Willard is 69.
The Transportation index in Willard is 89.
The Utilities index in Willard is 86.
| Living Expense | Willard | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 86 | 89 | 100 | |
| Services | 94 | 92 | 100 | |
| Groceries | 103 | 96 | 100 | |
| Health | 99 | 88 | 100 | |
| Housing | 69 | 79 | 100 | |
| Transportation | 89 | 95 | 100 | |
| Utilities | 86 | 95 | 100 | |
Willard, 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 Willard is $159,600.
The Median Rent in Willard is $965.
The Median Income in Willard is $74,438.
The Home Value To Income in Willard is 2.1x.
The Rent To Monthly Income in Willard is 0.16x.
| Statistic | Willard | Missouri | United States |
|---|---|---|---|
| Median Home Value | $159,600 | $171,800 | $244,900 |
| Median Rent | $965 | $886 | $1,163 |
| Median Income | $74,438 | $61,043 | $69,021 |
| Home Value To Income | 2.1x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Willard, MO Costs By Category
Detailed Willard Services Costs Vs. Missouri
Detailed Willard Groceries Costs Vs. Missouri
Detailed Willard Health Costs Vs. Missouri
Detailed Willard Transportation Costs Vs. Missouri
Detailed Willard Utilities Costs Vs. Missouri
Willard SnackAbility
/10
Cost Of Living In Cities Around Willard
The cost of living varies in the cities and towns around Willard. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, MO has a cost of living index of 84, 1.0x Willard.
Nixa, MO has a cost of living index of 89, 1.0x Willard.
Ozark, MO has a cost of living index of 92, 1.1x Willard.
| City | Population | Cost Of Living | Vs. Willard |
|---|---|---|---|
| Springfield, MO | 168,603 | 84 | 1.0x |
| Nixa, MO | 22,925 | 89 | 1.0x |
| Ozark, MO | 20,874 | 92 | 1.1x |
| Republic, MO | 18,313 | 87 | 1.0x |
| Bolivar, MO | 10,718 | 83 | 1.0x |
| Monett, MO | 9,512 | 83 | 1.0x |
| Marshfield, MO | 7,391 | 81 | 0.9x |
| Aurora, MO | 7,268 | 82 | 1.0x |
| Battlefield, MO | 5,957 | 92 | 1.1x |
