Hillsboro, MO vs Monett, MO

Monett is moderately more affordable than Hillsboro, with a 14.8% lower cost of living index. Hillsboro scores 78 compared to 68 for Monett, where the US average is 100. This difference means residents of Hillsboro can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hillsboro is $928/month compared to $862/month in Monett — a 8% difference. Home values follow the same pattern: Monett is more affordable at $149,000 median vs $206,200.

Median household income in Hillsboro is $65,278 compared to $45,821 in Monett (+42.5%). While Hillsboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hillsboro spend roughly 17.1% of their income on rent, less than the 22.6% in Monett.