Farmington, MO vs Pevely, MO

Farmington, MO and Pevely, MO have a very similar cost of living, with only a 2.9% difference in their overall index. Farmington scores 73 while Pevely scores 76 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 Farmington is $856/month compared to $844/month in Pevely — a 1% difference. Interestingly, home values tell a different story: while Pevely has cheaper rent, Farmington actually has lower median home values ($187,500 vs $203,700).

Median household income in Farmington is $49,882 compared to $64,660 in Pevely (-22.9%). While Pevely is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 20.6% of their income on rent, more than the 15.7% in Pevely.