Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Crime
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Potosi is a smaller city located in the state of Missouri. The city has a population of 2,572 people. If we look at the most recent Census, Potosi is known to have a predominantly White population. The next two most common races are Black and Asian.
Living in Potosi can be a good experience for anyone relocating to the area. Having said that, in the state of Missouri, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, crime, cost of living, commute, employment, you can easily compare the best places to live in Potosi and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Potosi to Missouri and the national average.
Potosi has a livability score of 60/100 and is ranked #439 in Missouri and #17,488 in the USA. This is a poor rating when compared to the average of other places in the country. If we dig down a little deeper into each category within the livability score, we see that Potosi has higher than average scores for the following: housing (B). Potosi does not rank well for the following: amenities (D-), crime (F) and employment (F). It might be a good idea to take a closer look at each category to find out why.
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Potosi, the cost of living is 21.71% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Potosi stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Potosi has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Potosi is real estate affordability. Median real estate prices in Potosi come in at $97,100, which is 31.2% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Potosi, the home price to income ratio is 3, which is 3.4% higher than the Missouri average.
| Statistic | Potosi | Missouri | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 84.3% | 81.6% | 76.4% |
| Workers who carpool | 7.3% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 3.6% | 1.9% | 2.8% |
| Working from home | 3.8% | 4.6% | 4.6% |
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