Jennings, MO vs Lexington, MO
Jennings, MO and Lexington, MO have a very similar cost of living, with only a 0.3% difference in their overall index. Jennings scores 67 while Lexington scores 67 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 Jennings is $944/month compared to $713/month in Lexington — a 32% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Jennings actually has lower median home values ($62,300 vs $153,300).
Median household income in Jennings is $37,356 compared to $70,134 in Lexington (-46.7%). Lexington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Jennings spend roughly 30.3% of their income on rent, more than the 12.2% in Lexington. The Lexington ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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