Aurora, MO vs Montgomery City, MO

Aurora, MO and Montgomery City, MO have a very similar cost of living, with only a 0.5% difference in their overall index. Aurora scores 64 while Montgomery City scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Aurora is $766/month compared to $723/month in Montgomery City — a 6% difference. Interestingly, home values tell a different story: while Montgomery City has cheaper rent, Aurora actually has lower median home values ($108,700 vs $137,500).

Median household income in Aurora is $46,855 compared to $51,707 in Montgomery City (-9.4%). Montgomery City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Aurora spend roughly 19.6% of their income on rent, more than the 16.8% in Montgomery City.