Alton, MO vs Hamilton, MO

Alton, MO and Hamilton, MO have a very similar cost of living, with only a 4.9% difference in their overall index. Alton scores 60 while Hamilton scores 63 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 Alton is $594/month compared to $614/month in Hamilton — a 3% difference. Home values follow the same pattern: Alton is more affordable at $117,100 median vs $139,200.

Median household income in Alton is $47,606 compared to $56,548 in Hamilton (-15.8%). While Hamilton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alton spend roughly 15% of their income on rent, more than the 13% in Hamilton.