Cost of living in Bolivar 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 Bolivar 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 Bolivar is 83, with 100 being the average.
The cost of living index in Bolivar is 0.8x lower than the national average.
Bolivar ranks as the #24 cheapest in Missouri out of 143.
Bolivar ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Bolivar is $139,400.
The median income in Bolivar is $37,233.
According to the most recent data on the cost of living, Bolivar has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Missouri, Bolivar has a cost of living index that's 0.9x lower than Missouri's index of 89.
The standard of living in Bolivar ranks as #24 most affordable out of the 143 places we measured in Missouri. By definition, that implies Bolivar ranks as the #119 most expensive place in the Show Me State.
For more reading on life in Bolivar, check out:
Six factors go into calculating the cost of living index in Bolivar. Here is how it fairs on each of the criteria:
The Services index in Bolivar is 96.
The Groceries index in Bolivar is 103.
The Health index in Bolivar is 101.
The Housing index in Bolivar is 65.
The Transportation index in Bolivar is 87.
The Utilities index in Bolivar is 85.
|Living Expense||Bolivar||Missouri||National Average|
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 Bolivar is $139,400.
The Median Rent in Bolivar is $714.
The Median Income in Bolivar is $37,233.
The Home Value To Income in Bolivar is 3.7x.
The Rent To Monthly Income in Bolivar is 0.23x.
|Median Home Value||$139,400||$171,800||$244,900|
|Home Value To Income||3.7x||2.8x||3.5x|
|Rent To Monthly Income||0.23x||0.17x||0.2x|
The cost of living varies in the cities and towns around Bolivar. 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 Bolivar.
Nixa, MO has a cost of living index of 89, 1.1x Bolivar.
Ozark, MO has a cost of living index of 92, 1.1x Bolivar.