Drexel, MO vs Gray Summit, MO

Drexel is moderately more affordable than Gray Summit, with a 10.3% lower cost of living index. Drexel scores 68 compared to 76 for Gray Summit, where the US average is 100. This difference means residents of Gray Summit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Drexel is $834/month compared to $1,041/month in Gray Summit — a 20% difference. Home values follow the same pattern: Drexel is more affordable at $128,600 median vs $140,200.

Median household income in Drexel is $51,910 compared to $54,883 in Gray Summit (-5.4%). The higher salaries in Gray Summit partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Drexel spend roughly 19.3% of their income on rent, less than the 22.8% in Gray Summit.