Report: Missouri ranks #7 for cost of living, Cape Girardeau most-expensive among metros

CAPE GIRARDEAU, Mo. (KFVS) - The second Quarter data tracking a U.S. cost of living index found that Missouri is the 7th most affordable state. The...

October 6, 2023
5:56 AM

CAPE GIRARDEAU, Mo. (KFVS) - The second Quarter data tracking a U.S. cost of living index found that Missouri is the 7th most affordable state. The index tracks data on avage costs of groceries, housing, utilities, transportation, health and other factors. Generally, the nation's most expensive areas were Hawaii, Alaska, the Northeast, and the West Coast. The Midwest and Southern states tended to be more affordable. 'The Missouri Economic Research and Information Center derives the cost of living index for each state by averaging the indices of participating cities and metropolitan areas in that state,' the MERIC website describes .

Joe McLean