Gilliam, MO vs Lancaster, MO

Gilliam, MO and Lancaster, MO have a very similar cost of living, with only a 1.9% difference in their overall index. Gilliam scores 56 while Lancaster scores 55 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 Gilliam is $571/month compared to $388/month in Lancaster — a 47% difference. Interestingly, home values tell a different story: while Lancaster has cheaper rent, Gilliam actually has lower median home values ($82,800 vs $137,500).

Median household income in Gilliam is $36,607 compared to $47,361 in Lancaster (-22.7%). Lancaster offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gilliam spend roughly 18.7% of their income on rent, more than the 9.8% in Lancaster.