Lemay, MO vs Richmond, MO

Richmond is moderately more affordable than Lemay, with a 8% lower cost of living index. Lemay scores 71 compared to 66 for Richmond, where the US average is 100. This difference means residents of Lemay can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lemay is $879/month compared to $734/month in Richmond — a 20% difference. Home values follow the same pattern: Richmond is more affordable at $135,500 median vs $139,100.

Median household income in Lemay is $59,026 compared to $58,906 in Richmond (+0.2%). Lemay does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lemay spend roughly 17.9% of their income on rent, more than the 15% in Richmond.