Centerville, MO vs Parkway, MO

There is a significant gap in the cost of living between these two cities. Centerville is 27% cheaper than Parkway. With a cost index of 53 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Centerville to Parkway should plan for substantially higher expenses across most categories.

On the housing front, median rent in Centerville is $525/month compared to $855/month in Parkway — a 39% difference. Home values follow the same pattern: Centerville is more affordable at $61,900 median vs $164,200.

Median household income in Centerville is $41,136 compared to $43,672 in Parkway (-5.8%). Parkway 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 Centerville spend roughly 15.3% of their income on rent, less than the 23.5% in Parkway.