Greenwood, MO vs Lake St. Louis, MO

Greenwood is moderately more affordable than Lake St. Louis, with a 6.8% lower cost of living index. Greenwood scores 105 compared to 113 for Lake St. Louis, where the US average is 100. This difference means residents of Lake St. Louis can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greenwood is $1,679/month compared to $1,608/month in Lake St. Louis — a 4% difference. Interestingly, home values tell a different story: while Lake St. Louis has cheaper rent, Greenwood actually has lower median home values ($263,300 vs $375,300).

Median household income in Greenwood is $104,638 compared to $123,427 in Lake St. Louis (-15.2%). While Lake St. Louis is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greenwood spend roughly 19.3% of their income on rent, more than the 15.6% in Lake St. Louis.