Beverly Hills, MO vs Shell Knob, MO

There is a significant gap in the cost of living between these two cities. Beverly Hills is 17.6% cheaper than Shell Knob. With a cost index of 72 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beverly Hills to Shell Knob should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beverly Hills is $1,087/month compared to $1,010/month in Shell Knob — a 8% difference. Interestingly, home values tell a different story: while Shell Knob has cheaper rent, Beverly Hills actually has lower median home values ($73,300 vs $304,700).

Median household income in Beverly Hills is $47,955 compared to $51,852 in Shell Knob (-7.5%). Shell Knob 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 23.4% in Shell Knob.