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Fair Grove, MO vs Hale, MO

74
Fair Grove
Missouri
VS
+27.5%
58
Hale
Missouri

There is a significant gap in the cost of living between these two cities. Hale is 27.5% cheaper than Fair Grove. With a cost index of 58 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hale to Fair Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fair Grove is $909/month compared to $660/month in Hale — a 38% difference. Home values follow the same pattern: Hale is more affordable at $76,000 median vs $189,200.

Median household income in Fair Grove is $71,447 compared to $50,313 in Hale (+42%). While Fair Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fair Grove spend roughly 15.3% of their income on rent, less than the 15.7% in Hale.

Income & Cost

Cost of Living Index
Fair Grove
74
Hale
58
22% cheaper
Median Household Income
Fair Grove
$71,447
30% higher
Hale
$50,313

Housing

Median Rent
Fair Grove
$909
Hale
$660
27% cheaper
Median Home Value
Fair Grove
$189,200
Hale
$76,000
60% cheaper
Population
Fair Grove
1,551
Hale
535

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fair Grove $2.96
Hale
US $3.07
🥚
Eggs (grade A, large)
Fair Grove $2.42
Hale
US $2.50
🥛
Milk (whole)
Fair Grove $3.89
Hale
US $4.03
🍞
Bread (white)
Fair Grove $1.79
Hale
US $1.85
🍗
Chicken breast
Fair Grove $4.00
Hale
US $4.14
Electricity
Fair Grove $0.16
Hale
US $0.19