Cool Valley, MO vs Hillsboro, MO

Cool Valley is moderately more affordable than Hillsboro, with a 11.5% lower cost of living index. Cool Valley scores 69 compared to 78 for Hillsboro, where the US average is 100. This difference means residents of Hillsboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cool Valley is $932/month compared to $928/month in Hillsboro — a 0% difference. Interestingly, home values tell a different story: while Hillsboro has cheaper rent, Cool Valley actually has lower median home values ($94,700 vs $206,200).

Median household income in Cool Valley is $50,417 compared to $65,278 in Hillsboro (-22.8%). While Hillsboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cool Valley spend roughly 22.2% of their income on rent, more than the 17.1% in Hillsboro.