Taos, MO vs Wardell, MO

Taos, MO and Wardell, MO have a very similar cost of living, with only a 4% difference in their overall index. Taos scores 64 while Wardell scores 62 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 Taos is $425/month compared to $850/month in Wardell — a 50% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Wardell actually has lower median home values ($51,300 vs $256,000).

Median household income in Taos is $103,594 compared to $48,500 in Wardell (+113.6%). While Taos is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Taos spend roughly 4.9% of their income on rent, less than the 21% in Wardell.