Merriam Woods, MO vs Pevely, MO

Merriam Woods, MO and Pevely, MO have a very similar cost of living, with only a 1.3% difference in their overall index. Merriam Woods scores 75 while Pevely scores 76 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 Merriam Woods is $1,102/month compared to $844/month in Pevely — a 31% difference. Interestingly, home values tell a different story: while Pevely has cheaper rent, Merriam Woods actually has lower median home values ($111,800 vs $203,700).

Median household income in Merriam Woods is $50,000 compared to $64,660 in Pevely (-22.7%). While Pevely is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Merriam Woods spend roughly 26.4% of their income on rent, more than the 15.7% in Pevely.