Stoutland, MO vs Waverly, MO
Stoutland, MO and Waverly, MO have a very similar cost of living, with only a 3.6% difference in their overall index. Stoutland scores 69 while Waverly scores 67 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 Stoutland is $1,042/month compared to $835/month in Waverly — a 25% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, Stoutland actually has lower median home values ($67,500 vs $107,500).
Median household income in Stoutland is $37,188 compared to $48,000 in Waverly (-22.5%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Stoutland spend roughly 33.6% of their income on rent, more than the 20.9% in Waverly. The Waverly ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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