Cost of Living in Springfield, MO
Cost of Living in Springfield, MO | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 7% lower | 26% lower |
Utilities (Monthly) | 9% lower | 14% lower |
Food | 3% lower | 5% lower |
Healthcare | 5% higher | 2% lower |
Transportation | 8% lower | 11% lower |
Goods & Services | 2% lower | 8% lower |
The cost of living in Springfield, MO is 4% lower than the state average and 13% lower than the national average. Springfield, MO housing is 26% cheaper than the U.S average, while utilities are about 14% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 8% less in Springfield, MO than in the rest of the country, while clothing costs around 8% less .
Healthcare services such as doctor check-ups and dentistry cost 2% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 8% cheaper in Springfield, MO.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Springfield is $1,140, while home prices circle around $320,996.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Springfield, energy bills cost around $135.32 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.91 in Springfield, a dozen eggs go for around $2.74 and a pound of potatoes circles around $3.68.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Springfield, an optometry check-up costs around $124.94, while a dentist appointment is priced $98.90 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.30 in Springfield, while getting your tires balanced will run you about $51.78.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $35.47 here. Meanwhile, a pair of women's slacks will set you back around $26.43.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Springfield, you should budget around $11.20 a month. When it comes to personal services, a haircut usually goes for $18.34, while dry cleaning costs about $12.44.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Springfield, the median household income is $43,450.