Arnold, MO vs Parkville, MO

There is a significant gap in the cost of living between these two cities. Arnold is 24.9% cheaper than Parkville. With a cost index of 83 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Arnold to Parkville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Arnold is $1,085/month compared to $1,078/month in Parkville — a 1% difference. Interestingly, home values tell a different story: while Parkville has cheaper rent, Arnold actually has lower median home values ($209,700 vs $557,100).

Median household income in Arnold is $75,194 compared to $170,794 in Parkville (-56%). While Parkville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arnold spend roughly 17.3% of their income on rent, more than the 7.6% in Parkville.