Monett, MO Cost Of Living

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

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

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

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

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
Search Homes For Sale In Monett, MO
$123,300
Median Home Value
$764
Median Rent
$39,469
Median Income

Monett, MO Costs By Category

Detailed Monett Services Costs Vs. Missouri

Item Monett Missouri
Shampoo $1.0 $1.06
Movie $9.65 $10.68
Bowling $13.06 $14.67
Haircut $17.09 $18.62
Beauty Salon $25.2 $39.05

Detailed Monett Groceries Costs Vs. Missouri

Item Monett Missouri
Ground Beef $3.4 $4.22
Fried Chicken $1.03 $1.39
Milk $1.87 $2.05
Potatoes $2.88 $3.29
Pizza $9.49 $10.62
Beer $8.82 $9.38
Toothpaste $1.99 $2.34

Detailed Monett Health Costs Vs. Missouri

Item Monett Missouri
Optometrist $91.88 $108.57
Doctor $113.38 $116.17
Dentist $87.76 $99.13

Detailed Monett Transportation Costs Vs. Missouri

Item Monett Missouri
Gasoline $1.88 $2.22
Tire Balancing $49.75 $50.07

Detailed Monett Utilities Costs Vs. Missouri

Item Monett Missouri
All Electricity $175.51 $167.67
Phone $188.91 $175.64

Monett SnackAbility

4
/10
Overall SnackAbility
Jobs
8/10
Housing
5
Affordability
7
Diversity
8.5
Safety
4
Amenities
8
Education
5
Commute
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

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