Diamond, MO vs Excelsior Estates, MO

Diamond is moderately more affordable than Excelsior Estates, with a 13.9% lower cost of living index. Diamond scores 65 compared to 76 for Excelsior Estates, where the US average is 100. This difference means residents of Excelsior Estates can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Diamond is $814/month compared to $1,287/month in Excelsior Estates — a 37% difference. Interestingly, home values tell a different story: while Diamond has cheaper rent, Excelsior Estates actually has lower median home values ($52,500 vs $132,800).

Median household income in Diamond is $74,000 compared to $76,985 in Excelsior Estates (-3.9%). Excelsior Estates does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Diamond spend roughly 13.2% of their income on rent, less than the 20.1% in Excelsior Estates.