Chillicothe, MO vs Monroe City, MO

Chillicothe, MO and Monroe City, MO have a very similar cost of living, with only a 0.8% difference in their overall index. Chillicothe scores 65 while Monroe City scores 65 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 Chillicothe is $767/month compared to $662/month in Monroe City — a 16% difference. Interestingly, home values tell a different story: while Monroe City has cheaper rent, Chillicothe actually has lower median home values ($119,900 vs $152,400).

Median household income in Chillicothe is $51,231 compared to $52,883 in Monroe City (-3.1%). Monroe City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chillicothe spend roughly 18% of their income on rent, more than the 15% in Monroe City.