Cost of Living
One of the major factors attracting people to the Ozarks is the surprisingly low cost of living in Springfield, MO. With an average home sales price of $161,703 people from across the U.S. are always astonished by the amount of home they can purchase here for a relatively low cost. And whether you’re investing in a home or simply buying groceries or gas, your hard-earned money stretches a lot further.
Kiplinger ranked Springfield tenth in the list “10 U.S. Cities with the Cheapest Cost of Living,” and our cost of living index is 88.2 on a scale where the average is 100—significantly lower than San Diego at 146.1, Philadelphia at 117.2, and Dallas at 102.1.