Higbee, MO vs Steelville, MO

Higbee is moderately more affordable than Steelville, with a 6% lower cost of living index. Higbee scores 56 compared to 59 for Steelville, where the US average is 100. This difference means residents of Steelville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Higbee is $669/month compared to $683/month in Steelville — a 2% difference. Home values follow the same pattern: Higbee is more affordable at $54,000 median vs $82,500.

Median household income in Higbee is $36,146 compared to $32,404 in Steelville (+11.5%). Higbee offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Higbee spend roughly 22.2% of their income on rent, less than the 25.3% in Steelville.