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Nevada, MO vs Warrensburg, MO

62
Nevada
Missouri
VS
-19.2%
77
Warrensburg
Missouri

There is a significant gap in the cost of living between these two cities. Nevada is 19.2% cheaper than Warrensburg. With a cost index of 62 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Nevada to Warrensburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Nevada is $716/month compared to $887/month in Warrensburg — a 19% difference. Home values follow the same pattern: Nevada is more affordable at $100,600 median vs $216,900.

Median household income in Nevada is $45,799 compared to $57,232 in Warrensburg (-20%). While Warrensburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Nevada spend roughly 18.8% of their income on rent, more than the 18.6% in Warrensburg.

Income & Cost

Cost of Living Index
Nevada
62
19% cheaper
Warrensburg
77
Median Household Income
Nevada
$45,799
Warrensburg
$57,232
20% higher

Housing

Median Rent
Nevada
$716
19% cheaper
Warrensburg
$887
Median Home Value
Nevada
$100,600
54% cheaper
Warrensburg
$216,900
Population
Nevada
7,998
Warrensburg
19,437

Salary Equivalency Calculator

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