Fair Play, MO vs Phillipsburg, MO
Fair Play, MO and Phillipsburg, MO have a very similar cost of living, with only a 2.9% difference in their overall index. Fair Play scores 66 while Phillipsburg 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 Fair Play is $938/month compared to $798/month in Phillipsburg — a 18% difference. Interestingly, home values tell a different story: while Phillipsburg has cheaper rent, Fair Play actually has lower median home values ($73,800 vs $103,100).
Median household income in Fair Play is $37,125 compared to $35,750 in Phillipsburg (+3.8%). While Fair Play 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 Play spend roughly 30.3% of their income on rent, more than the 26.8% in Phillipsburg. The Phillipsburg ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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