Lake Arrowhead, MO vs Richards, MO

Lake Arrowhead, MO and Richards, MO have a very similar cost of living, with only a 1.6% difference in their overall index. Lake Arrowhead scores 76 while Richards scores 77 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.

When it comes to buying, median home values in Lake Arrowhead are $42,500 compared to $65,000 in Richards, a 35% gap.

Median household income in Lake Arrowhead is $33,125 compared to $42,969 in Richards (-22.9%). While Richards is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.