Brookfield, MO vs Steelville, MO

Brookfield, MO and Steelville, MO have a very similar cost of living, with only a 0.1% difference in their overall index. Brookfield scores 60 while Steelville scores 59 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 Brookfield is $673/month compared to $683/month in Steelville — a 2% difference. Interestingly, home values tell a different story: while Brookfield has cheaper rent, Steelville actually has lower median home values ($82,500 vs $86,500).

Median household income in Brookfield is $55,543 compared to $32,404 in Steelville (+71.4%). While Brookfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brookfield spend roughly 14.5% of their income on rent, less than the 25.3% in Steelville.