Fairfax, MO vs Risco, MO

Fairfax, MO and Risco, MO have a very similar cost of living, with only a 3% difference in their overall index. Fairfax scores 56 while Risco scores 58 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 Fairfax is $560/month compared to $668/month in Risco — a 16% difference. Interestingly, home values tell a different story: while Fairfax has cheaper rent, Risco actually has lower median home values ($72,700 vs $91,500).

Median household income in Fairfax is $54,107 compared to $43,125 in Risco (+25.5%). Fairfax offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairfax spend roughly 12.4% of their income on rent, less than the 18.6% in Risco.