Ferguson, MO vs Oakville, MO
There is a significant gap in the cost of living between these two cities. Ferguson is 18.2% cheaper than Oakville. With a cost index of 74 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferguson to Oakville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ferguson is $1,066/month compared to $1,083/month in Oakville — a 2% difference. Home values follow the same pattern: Ferguson is more affordable at $99,300 median vs $292,500.
Median household income in Ferguson is $46,106 compared to $103,125 in Oakville (-55.3%). While Oakville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferguson spend roughly 27.7% of their income on rent, more than the 12.6% in Oakville.
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