Gray Summit, MO vs Truesdale, MO

Gray Summit, MO and Truesdale, MO have a very similar cost of living, with only a 2.7% difference in their overall index. Gray Summit scores 76 while Truesdale scores 78 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 Gray Summit is $1,041/month compared to $950/month in Truesdale — a 10% difference. Interestingly, home values tell a different story: while Truesdale has cheaper rent, Gray Summit actually has lower median home values ($140,200 vs $199,500).

Median household income in Gray Summit is $54,883 compared to $62,500 in Truesdale (-12.2%). While Truesdale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gray Summit spend roughly 22.8% of their income on rent, more than the 18.2% in Truesdale.