Alton, MO vs Lincoln, MO

Alton is moderately more affordable than Lincoln, with a 9.5% lower cost of living index. Alton scores 60 compared to 66 for Lincoln, where the US average is 100. This difference means residents of Lincoln can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alton is $594/month compared to $784/month in Lincoln — a 24% difference. Home values follow the same pattern: Alton is more affordable at $117,100 median vs $123,000.

Median household income in Alton is $47,606 compared to $60,272 in Lincoln (-21%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alton spend roughly 15% of their income on rent, less than the 15.6% in Lincoln.