Carterville, MO vs Parkway, MO

Carterville is moderately more affordable than Parkway, with a 13.8% lower cost of living index. Carterville scores 63 compared to 73 for Parkway, where the US average is 100. This difference means residents of Parkway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carterville is $823/month compared to $855/month in Parkway — a 4% difference. Home values follow the same pattern: Carterville is more affordable at $95,400 median vs $164,200.

Median household income in Carterville is $55,099 compared to $43,672 in Parkway (+26.2%). Carterville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carterville spend roughly 17.9% of their income on rent, less than the 23.5% in Parkway.