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Missouri is seventh in cost of living nationwide, according to newly released data.
provided by Missouri Economic Research and Information Center
Missouri is seventh in cost of living nationwide, according to newly released data.

City cost of living drops in Q2, beats 7th-ranked state rate

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The Springfield metropolitan area's cost of living improved in the second quarter on a year-over-year basis.

Only Joplin fared better, and Springfield bested the state average, according to a news release from the Missouri Economic Research and Information Center, which collected data from a survey by The Council for Community and Economic Research.

Springfield's second-quarter index score came in at 86.1. Comparatively, Joplin's score is 83.3, with Missouri at 89.9. A score of 100 represents the national average – the lower the score, the lower the costs on items such as groceries, housing, utilities, transportation and health care.

The local metro area scored best in housing, with a 73.7 index score, followed by utilities at 83.6, transportation at 88.6, miscellaneous at 91.1, groceries at 94.6 and health care at 96.1, according to the release.

Springfield's cost-of-living index score was 87.1 in second-quarter 2022, according to past reporting.

In the latest report, Missouri ranks seventh in cost of living nationwide.

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