Parkville, MO vs Webster Groves, MO

Parkville, MO and Webster Groves, MO have a very similar cost of living, with only a 1.8% difference in their overall index. Parkville scores 111 while Webster Groves scores 113 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 Parkville is $1,078/month compared to $1,628/month in Webster Groves — a 34% difference. Interestingly, home values tell a different story: while Parkville has cheaper rent, Webster Groves actually has lower median home values ($371,400 vs $557,100).

Median household income in Parkville is $170,794 compared to $110,716 in Webster Groves (+54.3%). Parkville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Parkville spend roughly 7.6% of their income on rent, less than the 17.6% in Webster Groves.