Alma, MO vs Phillipsburg, MO

Phillipsburg is moderately more affordable than Alma, with a 8.4% lower cost of living index. Alma scores 69 compared to 64 for Phillipsburg, where the US average is 100. This difference means residents of Alma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alma is $842/month compared to $798/month in Phillipsburg — a 6% difference. Home values follow the same pattern: Phillipsburg is more affordable at $103,100 median vs $134,900.

Median household income in Alma is $72,656 compared to $35,750 in Phillipsburg (+103.2%). 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 26.8% in Phillipsburg.