Lockwood, MO vs Potosi, MO

Lockwood, MO and Potosi, MO have a very similar cost of living, with only a 2.2% difference in their overall index. Lockwood scores 63 while Potosi scores 62 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 Lockwood is $800/month compared to $719/month in Potosi — a 11% difference. Interestingly, home values tell a different story: while Potosi has cheaper rent, Lockwood actually has lower median home values ($87,800 vs $101,100).

Median household income in Lockwood is $48,578 compared to $37,055 in Potosi (+31.1%). While Lockwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lockwood spend roughly 19.8% of their income on rent, less than the 23.3% in Potosi.