Beverly Hills, MO vs Cosby, MO
There is a significant gap in the cost of living between these two cities. Cosby is 16.2% cheaper than Beverly Hills. With a cost index of 62 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cosby to Beverly Hills should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beverly Hills is $1,087/month compared to $728/month in Cosby — a 49% difference. Interestingly, home values tell a different story: while Cosby has cheaper rent, Beverly Hills actually has lower median home values ($73,300 vs $115,000).
Median household income in Beverly Hills is $47,955 compared to $58,125 in Cosby (-17.5%). Cosby offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beverly Hills spend roughly 27.2% of their income on rent, more than the 15% in Cosby.
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