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 88, with 100 being the average.
The cost of living index in Willard is 0.9x lower than the national average.
Willard ranks as the #54 cheapest in Missouri out of 142.
Willard ranks as the #912 cheapest out of 6,489 in the US.
The median home value in Willard is $267,495.
The median income in Willard is $87,204.
According to the most recent data on the cost of living, Willard has an overall cost of living index of 88, 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 88.
The standard of living in Willard ranks as #54 most affordable out of the 142 places we measured in Missouri. By definition, that implies Willard ranks as the #88 most expensive place in the Show Me State.
For more reading on life in Willard, check out:
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 87.
The Groceries index in Willard is 95.
The Health index in Willard is 96.
The Housing index in Willard is 80.
The Transportation index in Willard is 92.
The Utilities index in Willard is 80.
| Living Expense | Willard | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 88 | 88 | 100 | |
| Services | 87 | 93 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 96 | 91 | 100 | |
| Housing | 80 | 78 | 100 | |
| Transportation | 92 | 90 | 100 | |
| Utilities | 80 | 99 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Willard is $267,495.
The Median Rent in Willard is $1,130.
The Median Income in Willard is $87,204.
The Home Value To Income in Willard is 3.1x.
The Rent To Monthly Income in Willard is 0.16x.
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 82, 0.9x Willard.
Nixa, MO has a cost of living index of 89, 1.0x Willard.
Ozark, MO has a cost of living index of 88, 1.0x Willard.
| City | Population | Cost Of Living | Vs. Willard |
|---|---|---|---|
| Springfield, MO | 169,432 | 82 | 0.9x |
| Nixa, MO | 24,131 | 89 | 1.0x |
| Ozark, MO | 21,953 | 88 | 1.0x |
| Republic, MO | 19,233 | 86 | 1.0x |
| Bolivar, MO | 10,996 | 82 | 0.9x |
| Monett, MO | 9,734 | 86 | 1.0x |
| Marshfield, MO | 7,599 | 84 | 1.0x |
| Aurora, MO | 7,331 | 78 | 0.9x |
| Battlefield, MO | 6,095 | 89 | 1.0x |