Dexter, MO vs Fayette, MO

Dexter, MO and Fayette, MO have a very similar cost of living, with only a 4.5% difference in their overall index. Dexter scores 65 while Fayette scores 68 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 Dexter is $717/month compared to $855/month in Fayette — a 16% difference. Interestingly, home values tell a different story: while Dexter has cheaper rent, Fayette actually has lower median home values ($128,700 vs $132,700).

Median household income in Dexter is $47,647 compared to $58,750 in Fayette (-18.9%). While Fayette is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dexter spend roughly 18.1% of their income on rent, more than the 17.5% in Fayette.