Matthews, MO vs Shell Knob, MO

There is a significant gap in the cost of living between these two cities. Matthews is 28.6% cheaper than Shell Knob. With a cost index of 63 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Matthews to Shell Knob should plan for substantially higher expenses across most categories.

On the housing front, median rent in Matthews is $731/month compared to $1,010/month in Shell Knob — a 28% difference. Home values follow the same pattern: Matthews is more affordable at $101,800 median vs $304,700.

Median household income in Matthews is $44,013 compared to $51,852 in Shell Knob (-15.1%). The higher salaries in Shell Knob partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Matthews spend roughly 19.9% of their income on rent, less than the 23.4% in Shell Knob.