Edgerton, MO vs Steele, MO

Edgerton, MO and Steele, MO have a very similar cost of living, with only a 3% difference in their overall index. Edgerton scores 66 while Steele 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 Edgerton is $598/month compared to $729/month in Steele — a 18% difference. Interestingly, home values tell a different story: while Edgerton has cheaper rent, Steele actually has lower median home values ($115,900 vs $180,000).

Median household income in Edgerton is $56,250 compared to $33,750 in Steele (+66.7%). While Edgerton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgerton spend roughly 12.8% of their income on rent, less than the 25.9% in Steele.