The state’s unemployment rate remained unchanged in July, holding steady at 3.3% for the fifth consecutive month. The Department of Economic Development says the state has added over 34,000 jobs over the last year, paced by health care and social assistance, which added over 12,000 jobs for nearly a 3% increase. That includes an addition of 2400 jobs added in the last month alone.
Meanwhile, data shows that Missouri remains one of the most affordable states to live in. According to the Council for Community and Economic Research, the state’s cost-of-living index stands at 87.1 – fourth lowest in the country and well below the national average of 100. The index evaluates costs of groceries, housing, utilities, transportation, health, and goods and services. It’s been published since 1968.