Chain-O-Lakes, MO vs Paynesville, MO

Chain-O-Lakes, MO and Paynesville, MO have a very similar cost of living, with only a 4.5% difference in their overall index. Chain-O-Lakes scores 85 while Paynesville scores 82 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.

When it comes to buying, median home values in Chain-O-Lakes are $164,500 compared to $104,200 in Paynesville, a 58% gap.

Median household income in Chain-O-Lakes is $25,500 compared to $58,750 in Paynesville (-56.6%). Paynesville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.