Dexter, MO vs Montgomery City, MO

Dexter, MO and Montgomery City, MO have a very similar cost of living, with only a 1.3% difference in their overall index. Dexter scores 65 while Montgomery City scores 64 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 $723/month in Montgomery City — a 1% difference. Home values follow the same pattern: Dexter is more affordable at $132,700 median vs $137,500.

Median household income in Dexter is $47,647 compared to $51,707 in Montgomery City (-7.9%). Montgomery 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 Dexter spend roughly 18.1% of their income on rent, more than the 16.8% in Montgomery City.