Kennett, MO Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
83
Kennett's Overall Cost Of Living
0.8x
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:

24 out of 143
In Missouri
491 out of 6,412
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
For more reading on cost of living around Missouri, check out:
Kennett Cost of Living Vs. MO

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
Search Homes For Sale In Kennett, MO
$88,000
Median Home Value
$570
Median Rent
$50,127
Median Income

Kennett, MO Costs By Category

Detailed Kennett Services Costs Vs. Missouri

Item Kennett Missouri
Shampoo $1.0 $1.06
Movie $9.83 $10.68
Bowling $12.67 $14.67
Haircut $16.61 $18.62
Beauty Salon $24.56 $39.05

Detailed Kennett Groceries Costs Vs. Missouri

Item Kennett Missouri
Ground Beef $3.85 $4.22
Fried Chicken $1.21 $1.39
Milk $1.13 $2.05
Potatoes $2.92 $3.29
Pizza $9.26 $10.62
Beer $8.95 $9.38
Toothpaste $1.85 $2.34

Detailed Kennett Health Costs Vs. Missouri

Item Kennett Missouri
Optometrist $94.44 $108.57
Doctor $106.1 $116.17
Dentist $91.17 $99.13

Detailed Kennett Transportation Costs Vs. Missouri

Item Kennett Missouri
Gasoline $1.98 $2.22
Tire Balancing $42.31 $50.07

Detailed Kennett Utilities Costs Vs. Missouri

Item Kennett Missouri
All Electricity $121.97 $167.67
Phone $196.55 $175.64

Kennett SnackAbility

3
/10
Overall SnackAbility
Jobs
4/10
Housing
4
Affordability
8.5
Diversity
8.5
Safety
3
Amenities
8
Education
5
Commute
9

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

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