Fredericktown, MO vs Neosho, MO

Fredericktown, MO and Neosho, MO have a very similar cost of living, with only a 4.9% difference in their overall index. Fredericktown scores 67 while Neosho 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 Fredericktown is $845/month compared to $737/month in Neosho — a 15% difference. Interestingly, home values tell a different story: while Neosho has cheaper rent, Fredericktown actually has lower median home values ($120,200 vs $148,600).

Median household income in Fredericktown is $53,681 compared to $55,159 in Neosho (-2.7%). Neosho offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fredericktown spend roughly 18.9% of their income on rent, more than the 16% in Neosho.