Bellefontaine Neighbors, MO vs Palmyra, MO

Bellefontaine Neighbors, MO and Palmyra, MO have a very similar cost of living, with only a 3.4% difference in their overall index. Bellefontaine Neighbors scores 74 while Palmyra scores 71 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 Bellefontaine Neighbors is $1,086/month compared to $852/month in Palmyra — a 28% difference. Interestingly, home values tell a different story: while Palmyra has cheaper rent, Bellefontaine Neighbors actually has lower median home values ($92,500 vs $165,000).

Median household income in Bellefontaine Neighbors is $48,354 compared to $69,211 in Palmyra (-30.1%). Palmyra offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bellefontaine Neighbors spend roughly 27% of their income on rent, more than the 14.8% in Palmyra.