Excelsior Springs, MO vs Hazelwood, MO

Excelsior Springs, MO and Hazelwood, MO have a very similar cost of living, with only a 0.7% difference in their overall index. Excelsior Springs scores 74 while Hazelwood scores 75 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 Excelsior Springs is $907/month compared to $956/month in Hazelwood — a 5% difference. Interestingly, home values tell a different story: while Excelsior Springs has cheaper rent, Hazelwood actually has lower median home values ($154,900 vs $174,000).

Median household income in Excelsior Springs is $74,056 compared to $55,930 in Hazelwood (+32.4%). Excelsior Springs offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Excelsior Springs spend roughly 14.7% of their income on rent, less than the 20.5% in Hazelwood.