Taos, MO vs Woodson Terrace, MO
There is a significant gap in the cost of living between these two cities. Taos is 15.4% cheaper than Woodson Terrace. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taos to Woodson Terrace should plan for substantially higher expenses across most categories.
On the housing front, median rent in Taos is $425/month compared to $1,146/month in Woodson Terrace — a 63% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Woodson Terrace actually has lower median home values ($100,600 vs $256,000).
Median household income in Taos is $103,594 compared to $49,650 in Woodson Terrace (+108.6%). Taos offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Taos spend roughly 4.9% of their income on rent, less than the 27.7% in Woodson Terrace.
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