Lake Ozark, MO vs Sullivan, MO
There is a significant gap in the cost of living between these two cities. Sullivan is 22.5% cheaper than Lake Ozark. With a cost index of 72 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sullivan to Lake Ozark should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lake Ozark is $1,017/month compared to $862/month in Sullivan — a 18% difference. Home values follow the same pattern: Sullivan is more affordable at $153,100 median vs $308,700.
Median household income in Lake Ozark is $80,476 compared to $60,137 in Sullivan (+33.8%). While Lake Ozark is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Ozark spend roughly 15.2% of their income on rent, less than the 17.2% in Sullivan.
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