Chaffee, MO vs Lake Waukomis, MO

The cost of living difference between Chaffee, MO and Lake Waukomis, MO is dramatic. Chaffee is 44% cheaper than Lake Waukomis, a gap that translates to thousands of dollars per year in household expenses. Chaffee has a cost index of 62 while Lake Waukomis sits at 110, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Chaffee is $713/month compared to $1,438/month in Lake Waukomis — a 50% difference. Home values follow the same pattern: Chaffee is more affordable at $120,900 median vs $412,100.

Median household income in Chaffee is $41,024 compared to $119,519 in Lake Waukomis (-65.7%). While Lake Waukomis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chaffee spend roughly 20.9% of their income on rent, more than the 14.4% in Lake Waukomis.