Alma, MO vs Cole Camp, MO

Alma, MO and Cole Camp, MO have a very similar cost of living, with only a 2.9% difference in their overall index. Alma scores 69 while Cole Camp 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 Alma is $842/month compared to $774/month in Cole Camp — a 9% difference. Interestingly, home values tell a different story: while Cole Camp has cheaper rent, Alma actually has lower median home values ($134,900 vs $143,500).

Median household income in Alma is $72,656 compared to $35,547 in Cole Camp (+104.4%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 13.9% of their income on rent, less than the 26.1% in Cole Camp.