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Greenwood, MO vs Slater, MO

105
Greenwood
Missouri
VS
+95.4%
54
Slater
Missouri

The cost of living difference between Greenwood, MO and Slater, MO is dramatic. Slater is 95.4% cheaper than Greenwood, a gap that translates to thousands of dollars per year in household expenses. Greenwood has a cost index of 105 while Slater sits at 54, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Greenwood is $1,679/month compared to $496/month in Slater — a 239% difference. Home values follow the same pattern: Slater is more affordable at $82,500 median vs $263,300.

Median household income in Greenwood is $104,638 compared to $40,313 in Slater (+159.6%). While Greenwood 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 14.8% in Slater.

Income & Cost

Cost of Living Index
Greenwood
105
Slater
54
49% cheaper
Median Household Income
Greenwood
$104,638
61% higher
Slater
$40,313

Housing

Median Rent
Greenwood
$1,679
Slater
$496
70% cheaper
Median Home Value
Greenwood
$263,300
Slater
$82,500
69% cheaper
Population
Greenwood
6,000
Slater
2,144

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greenwood $2.96
Slater
US $3.07
🥚
Eggs (grade A, large)
Greenwood $2.41
Slater
US $2.50
🥛
Milk (whole)
Greenwood $3.89
Slater
US $4.03
🍞
Bread (white)
Greenwood $1.79
Slater
US $1.85
🍗
Chicken breast
Greenwood $4.00
Slater
US $4.14
Electricity
Greenwood $0.17
Slater
US $0.19