Liberty, MO vs Smithville, MO

Smithville is moderately more affordable than Liberty, with a 6.3% lower cost of living index. Liberty scores 90 compared to 85 for Smithville, where the US average is 100. This difference means residents of Liberty can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Liberty is $1,164/month compared to $977/month in Smithville — a 19% difference. Interestingly, home values tell a different story: while Smithville has cheaper rent, Liberty actually has lower median home values ($267,900 vs $272,500).

Median household income in Liberty is $95,425 compared to $99,925 in Smithville (-4.5%). Smithville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Liberty spend roughly 14.6% of their income on rent, more than the 11.7% in Smithville.