Lexington, MO vs Neosho, MO

Lexington, MO and Neosho, MO have a very similar cost of living, with only a 3.8% difference in their overall index. Lexington scores 67 while Neosho scores 64 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 Lexington is $713/month compared to $737/month in Neosho — a 3% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Neosho actually has lower median home values ($148,600 vs $153,300).

Median household income in Lexington is $70,134 compared to $55,159 in Neosho (+27.1%). While Lexington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lexington spend roughly 12.2% of their income on rent, less than the 16% in Neosho.