Gray Summit, MO vs Highlandville, MO

Highlandville is moderately more affordable than Gray Summit, with a 8.6% lower cost of living index. Gray Summit scores 76 compared to 70 for Highlandville, where the US average is 100. This difference means residents of Gray Summit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gray Summit is $1,041/month compared to $800/month in Highlandville — a 30% difference. Interestingly, home values tell a different story: while Highlandville has cheaper rent, Gray Summit actually has lower median home values ($140,200 vs $180,400).

Median household income in Gray Summit is $54,883 compared to $58,438 in Highlandville (-6.1%). Highlandville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gray Summit spend roughly 22.8% of their income on rent, more than the 16.4% in Highlandville.