Galena, MO vs Lincoln, MO

Galena, MO and Lincoln, MO have a very similar cost of living, with only a 2% difference in their overall index. Galena scores 65 while Lincoln scores 66 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 Galena is $739/month compared to $784/month in Lincoln — a 6% difference. Interestingly, home values tell a different story: while Galena has cheaper rent, Lincoln actually has lower median home values ($123,000 vs $123,900).

Median household income in Galena is $42,125 compared to $60,272 in Lincoln (-30.1%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Galena spend roughly 21.1% of their income on rent, more than the 15.6% in Lincoln.