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Platte City, MO vs Wellston, MO

84
Platte City
Missouri
VS
-6.6%
90
Wellston
Missouri

Platte City is moderately more affordable than Wellston, with a 6.6% lower cost of living index. Platte City scores 84 compared to 90 for Wellston, where the US average is 100. This difference means residents of Wellston can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Platte City has a median rent of $1,173/month while Wellston comes in at $1,053/month, a 11% difference.

Median household income in Platte City is $65,132 compared to $39,474 in Wellston (+65%). Platte City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Platte City spend roughly 21.6% of their income on rent, less than the 32% in Wellston. The Platte City ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Platte City
84
7% cheaper
Wellston
90
Median Household Income
Platte City
$65,132
39% higher
Wellston
$39,474

Housing

Median Rent
Platte City
$1,173
Wellston
$1,053
10% cheaper
Median Home Value
Platte City
$195,000
Wellston
Population
Platte City
4,793
Wellston
1,690

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Platte City $2.96
Wellston $3.03
US $3.07
🥚
Eggs (grade A, large)
Platte City $2.41
Wellston $2.47
US $2.50
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Milk (whole)
Platte City $3.89
Wellston $3.97
US $4.03
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Bread (white)
Platte City $1.79
Wellston $1.83
US $1.85
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Chicken breast
Platte City $4.00
Wellston $4.09
US $4.14
Electricity
Platte City $0.17
Wellston $0.15
US $0.19