Cosby, MO vs Matthews, MO

Cosby, MO and Matthews, MO have a very similar cost of living, with only a 0.6% difference in their overall index. Cosby scores 62 while Matthews scores 63 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 Cosby is $728/month compared to $731/month in Matthews — a 0% difference. Interestingly, home values tell a different story: while Cosby has cheaper rent, Matthews actually has lower median home values ($101,800 vs $115,000).

Median household income in Cosby is $58,125 compared to $44,013 in Matthews (+32.1%). Cosby offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cosby spend roughly 15% of their income on rent, less than the 19.9% in Matthews.