Dixon, MO vs Montrose, MO

Dixon, MO and Montrose, MO have a very similar cost of living, with only a 3.1% difference in their overall index. Dixon scores 63 while Montrose scores 65 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 Dixon is $660/month compared to $855/month in Montrose — a 23% difference. Interestingly, home values tell a different story: while Dixon has cheaper rent, Montrose actually has lower median home values ($79,400 vs $134,300).

Median household income in Dixon is $50,260 compared to $50,938 in Montrose (-1.3%). Montrose 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 Dixon spend roughly 15.8% of their income on rent, less than the 20.1% in Montrose.