Exeter, MO vs Licking, MO

Exeter, MO and Licking, MO have a very similar cost of living, with only a 0.9% difference in their overall index. Exeter scores 60 while Licking scores 60 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 Exeter is $638/month compared to $614/month in Licking — a 4% difference. Interestingly, home values tell a different story: while Licking has cheaper rent, Exeter actually has lower median home values ($106,300 vs $109,000).

Median household income in Exeter is $48,214 compared to $32,813 in Licking (+46.9%). While Exeter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Exeter spend roughly 15.9% of their income on rent, less than the 22.5% in Licking.