Beverly Hills, MO vs Steele, MO

Steele is moderately more affordable than Beverly Hills, with a 13.5% lower cost of living index. Beverly Hills scores 72 compared to 64 for Steele, where the US average is 100. This difference means residents of Beverly Hills can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beverly Hills is $1,087/month compared to $729/month in Steele — a 49% difference. Interestingly, home values tell a different story: while Steele has cheaper rent, Beverly Hills actually has lower median home values ($73,300 vs $115,900).

Median household income in Beverly Hills is $47,955 compared to $33,750 in Steele (+42.1%). While Beverly Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beverly Hills spend roughly 27.2% of their income on rent, more than the 25.9% in Steele.