Chaffee, MO vs Park Hills, MO

Chaffee, MO and Park Hills, MO have a very similar cost of living, with only a 4.1% difference in their overall index. Chaffee scores 62 while Park Hills scores 64 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 Chaffee is $713/month compared to $737/month in Park Hills — a 3% difference. Home values follow the same pattern: Chaffee is more affordable at $120,900 median vs $121,100.

Median household income in Chaffee is $41,024 compared to $51,303 in Park Hills (-20%). While Park Hills 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 17.2% in Park Hills.