Montgomery City, MO vs Seligman, MO

Montgomery City, MO and Seligman, MO have a very similar cost of living, with only a 1.6% difference in their overall index. Montgomery City scores 64 while Seligman scores 63 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 Montgomery City is $723/month compared to $785/month in Seligman — a 8% difference. Interestingly, home values tell a different story: while Montgomery City has cheaper rent, Seligman actually has lower median home values ($85,000 vs $137,500).

Median household income in Montgomery City is $51,707 compared to $45,052 in Seligman (+14.8%). While Montgomery City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montgomery City spend roughly 16.8% of their income on rent, less than the 20.9% in Seligman.