Lakeshire, MO vs West Alton, MO

Lakeshire, MO and West Alton, MO have a very similar cost of living, with only a 1.1% difference in their overall index. Lakeshire scores 85 while West Alton scores 86 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 Lakeshire is $1,001/month compared to $1,313/month in West Alton — a 24% difference. Interestingly, home values tell a different story: while Lakeshire has cheaper rent, West Alton actually has lower median home values ($156,300 vs $260,300).

Median household income in Lakeshire is $61,346 compared to $128,438 in West Alton (-52.2%). While West Alton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakeshire spend roughly 19.6% of their income on rent, more than the 12.3% in West Alton.