Fair Play, MO vs Taos, MO

Fair Play, MO and Taos, MO have a very similar cost of living, with only a 1.9% difference in their overall index. Fair Play scores 66 while Taos 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 $425/month in Taos — a 121% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Fair Play actually has lower median home values ($73,800 vs $256,000).

Median household income in Fair Play is $37,125 compared to $103,594 in Taos (-64.2%). Taos offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fair Play spend roughly 30.3% of their income on rent, more than the 4.9% in Taos. The Taos ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.