Smithville, MO vs Woodson Terrace, MO

Woodson Terrace is moderately more affordable than Smithville, with a 11% lower cost of living index. Smithville scores 85 compared to 76 for Woodson Terrace, where the US average is 100. This difference means residents of Smithville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Smithville is $977/month compared to $1,146/month in Woodson Terrace — a 15% difference. Interestingly, home values tell a different story: while Smithville has cheaper rent, Woodson Terrace actually has lower median home values ($100,600 vs $272,500).

Median household income in Smithville is $99,925 compared to $49,650 in Woodson Terrace (+101.3%). While Smithville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Smithville spend roughly 11.7% of their income on rent, less than the 27.7% in Woodson Terrace.