Fayette, MO vs Nevada, MO

Nevada is moderately more affordable than Fayette, with a 9.2% lower cost of living index. Fayette scores 68 compared to 62 for Nevada, where the US average is 100. This difference means residents of Fayette can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fayette is $855/month compared to $716/month in Nevada — a 19% difference. Home values follow the same pattern: Nevada is more affordable at $100,600 median vs $128,700.

Median household income in Fayette is $58,750 compared to $45,799 in Nevada (+28.3%). While Fayette is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayette spend roughly 17.5% of their income on rent, less than the 18.8% in Nevada.