Lockwood, MO vs Stoutland, MO

Lockwood is moderately more affordable than Stoutland, with a 8.2% lower cost of living index. Lockwood scores 63 compared to 69 for Stoutland, where the US average is 100. This difference means residents of Stoutland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lockwood is $800/month compared to $1,042/month in Stoutland — a 23% difference. Interestingly, home values tell a different story: while Lockwood has cheaper rent, Stoutland actually has lower median home values ($67,500 vs $87,800).

Median household income in Lockwood is $48,578 compared to $37,188 in Stoutland (+30.6%). Lockwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lockwood spend roughly 19.8% of their income on rent, less than the 33.6% in Stoutland. The Lockwood ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.