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Knox City, MO vs Polo, MO

59
Knox City
Missouri
VS
-8.1%
64
Polo
Missouri

Knox City is moderately more affordable than Polo, with a 8.1% lower cost of living index. Knox City scores 59 compared to 64 for Polo, where the US average is 100. This difference means residents of Polo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Knox City is $725/month compared to $617/month in Polo — a 18% difference. Interestingly, home values tell a different story: while Polo has cheaper rent, Knox City actually has lower median home values ($57,500 vs $152,500).

Median household income in Knox City is $43,500 compared to $48,750 in Polo (-10.8%). While Polo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Knox City spend roughly 20% of their income on rent, more than the 15.2% in Polo.

Income & Cost

Cost of Living Index
Knox City
59
8% cheaper
Polo
64
Median Household Income
Knox City
$43,500
Polo
$48,750
11% higher

Housing

Median Rent
Knox City
$725
Polo
$617
15% cheaper
Median Home Value
Knox City
$57,500
62% cheaper
Polo
$152,500
Population
Knox City
143
Polo
428

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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