Beverly Hills, MO vs Pierce City, MO
There is a significant gap in the cost of living between these two cities. Pierce City is 15.3% cheaper than Beverly Hills. With a cost index of 63 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pierce City 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 $779/month in Pierce City — a 40% difference. Interestingly, home values tell a different story: while Pierce City has cheaper rent, Beverly Hills actually has lower median home values ($73,300 vs $112,000).
Median household income in Beverly Hills is $47,955 compared to $45,000 in Pierce City (+6.6%). Beverly Hills does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Beverly Hills spend roughly 27.2% of their income on rent, more than the 20.8% in Pierce City.
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