Alma, MO vs Cool Valley, MO

Alma, MO and Cool Valley, MO have a very similar cost of living, with only a 0.1% difference in their overall index. Alma scores 69 while Cool Valley scores 69 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 $932/month in Cool Valley — a 10% difference. Interestingly, home values tell a different story: while Alma has cheaper rent, Cool Valley actually has lower median home values ($94,700 vs $134,900).

Median household income in Alma is $72,656 compared to $50,417 in Cool Valley (+44.1%). Alma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alma spend roughly 13.9% of their income on rent, less than the 22.2% in Cool Valley.