Novelty, MO is a small community located in the northern part of the state. Although it has a population of less than 400 people, it has been recognized for its high quality of life and low cost of living by ranking first in BestPlaces 2020. The rankings are based on affordability, diversity, economic health, housing market stability, public safety, and recreational opportunities. Novelty’s cost of living index is 17 percent lower than the national average and its economic climate has remained stable with no signs of recession. Additionally, homes in Novelty are affordable and stable with an 8 percent increase in home value over the last year. For outdoor recreation there are numerous parks around town such as Marquette Park & Conservation Area and Route D Wildlife Management Area both offering trails and fishing spots for locals to enjoy. With these features combined, Novelty provides an excellent quality of life to its residents and a safe environment that is perfect for raising families or retiring.
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