Albany, MO vs Caruthersville, MO

Albany is moderately more affordable than Caruthersville, with a 14.5% lower cost of living index. Albany scores 56 compared to 65 for Caruthersville, where the US average is 100. This difference means residents of Caruthersville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albany is $520/month compared to $771/month in Caruthersville — a 33% difference. Home values follow the same pattern: Albany is more affordable at $96,700 median vs $118,700.

Median household income in Albany is $46,905 compared to $35,903 in Caruthersville (+30.6%). Albany offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albany spend roughly 13.3% of their income on rent, less than the 25.8% in Caruthersville.