54°F
Sponsored by

Springfield Ranked Least Expensive Place to Live in Missouri

SPRINGFIELD, Mo. -- In the third quarter 2013 Cost of Living Index, Springfield ranked as the least expensive place to live in Missouri of six cities looked at.
SPRINGFIELD, Mo. --   When it comes to lowest cost of living in the show me state,  you'll find Springfield at the top of the list.  That's according to the third quarter 2013 Cost of Living Index. 

It's based on cost of groceries, housing, utilities, transportation and health care.  KOLR10 looked into the housing part of that.

Six cities were looked at in the show me state.  Springfield, Joplin, Jefferson City, St. Louis, Columbia and Kansas City.

Local Realtor Mike Green says the Springfield Housing Market is doing great.

"As of January 1, 2012, it's been a whole different market," says Realtor Mike Green with Murney Associates, Realtors.

He says the housing crisis here is over.

"It's a whole different market," he says.  "It's a lot stronger market, people are out seriously looking."

Green says there are a lot fewer short sales and foreclosures.  Some of that could be linked to Springfield's low cost of living.

"Are there some short sales and foreclosures?  Sure," he says.  "But it's not a significant part of the market the way it was."

Green says he's seeing more people come to Springfield from other areas of the United States.

"I work with lots of people from out of state and it's been a really interesting dynamic," he says.  "And they're excited because of the price difference between houses they're leaving and the prices of homes here.  One of the things I found really interesting is they're able to buy a home here that they wouldn't be able to buy from the area they came from."

He says those moving to the Ozarks are definitely getting the bang for their bucks.

"You've heard how people say it's a privilege to live in the Ozarks, it is.  It's also profitable," says Green.  "Because if you look at those differences in other areas, it absolutely makes it worth it."

The Springfield Area Chamber of Commerce released this statement:

"Not only does our low cost of living give us a competitive advantage when it comes to owning and running a business, it helps further Springfield's ability to continue being an ideal place to live, work, play and grow.  We hear from a lot of businesses on the importance of being able to attract talent.  Our low cost of living gives us that advantage over other cities like St. Louis, Kansas City, Dallas and Chicago, because people want to move to a place they can get the most out of the money they earn."


Page: [[$index + 1]]
comments powered by Disqus