Anderson, MO vs Bonne Terre, MO

Anderson, MO and Bonne Terre, MO have a very similar cost of living, with only a 2.3% difference in their overall index. Anderson scores 62 while Bonne Terre scores 61 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 Anderson is $732/month compared to $585/month in Bonne Terre — a 25% difference. Interestingly, home values tell a different story: while Bonne Terre has cheaper rent, Anderson actually has lower median home values ($97,900 vs $120,400).

Median household income in Anderson is $51,875 compared to $39,767 in Bonne Terre (+30.4%). While Anderson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Anderson spend roughly 16.9% of their income on rent, less than the 17.7% in Bonne Terre.