Smithton, MO vs Steele, MO

Smithton, MO and Steele, MO have a very similar cost of living, with only a 4.2% difference in their overall index. Smithton scores 66 while Steele scores 64 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 Smithton is $920/month compared to $729/month in Steele — a 26% difference. Interestingly, home values tell a different story: while Steele has cheaper rent, Smithton actually has lower median home values ($87,500 vs $115,900).

Median household income in Smithton is $51,875 compared to $33,750 in Steele (+53.7%). While Smithton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Smithton spend roughly 21.3% of their income on rent, less than the 25.9% in Steele.