Caledonia, MO vs Fairfax, MO

Caledonia, MO and Fairfax, MO have a very similar cost of living, with only a 2.9% difference in their overall index. Caledonia scores 58 while Fairfax scores 56 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 Caledonia is $725/month compared to $560/month in Fairfax — a 30% difference. Interestingly, home values tell a different story: while Fairfax has cheaper rent, Caledonia actually has lower median home values ($50,300 vs $91,500).

Median household income in Caledonia is $60,156 compared to $54,107 in Fairfax (+11.2%). While Caledonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caledonia spend roughly 14.5% of their income on rent, more than the 12.4% in Fairfax.