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Charleston, MO vs Fair Grove, MO

63
Charleston
Missouri
VS
-15.1%
74
Fair Grove
Missouri

There is a significant gap in the cost of living between these two cities. Charleston is 15.1% cheaper than Fair Grove. With a cost index of 63 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Charleston to Fair Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charleston is $734/month compared to $909/month in Fair Grove — a 19% difference. Home values follow the same pattern: Charleston is more affordable at $107,700 median vs $189,200.

Median household income in Charleston is $35,139 compared to $71,447 in Fair Grove (-50.8%). While Fair Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charleston spend roughly 25.1% of their income on rent, more than the 15.3% in Fair Grove.

Income & Cost

Cost of Living Index
Charleston
63
15% cheaper
Fair Grove
74
Median Household Income
Charleston
$35,139
Fair Grove
$71,447
51% higher

Housing

Median Rent
Charleston
$734
19% cheaper
Fair Grove
$909
Median Home Value
Charleston
$107,700
43% cheaper
Fair Grove
$189,200
Population
Charleston
4,565
Fair Grove
1,551

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Charleston
Fair Grove $2.96
US $3.07
🥚
Eggs (grade A, large)
Charleston
Fair Grove $2.42
US $2.50
🥛
Milk (whole)
Charleston
Fair Grove $3.89
US $4.03
🍞
Bread (white)
Charleston
Fair Grove $1.79
US $1.85
🍗
Chicken breast
Charleston
Fair Grove $4.00
US $4.14
Electricity
Charleston
Fair Grove $0.16
US $0.19