Bismarck, MO vs Mount Vernon, MO

Bismarck is moderately more affordable than Mount Vernon, with a 8.5% lower cost of living index. Bismarck scores 62 compared to 67 for Mount Vernon, where the US average is 100. This difference means residents of Mount Vernon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bismarck is $683/month compared to $691/month in Mount Vernon — a 1% difference. Home values follow the same pattern: Bismarck is more affordable at $108,000 median vs $175,000.

Median household income in Bismarck is $41,550 compared to $49,153 in Mount Vernon (-15.5%). While Mount Vernon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bismarck spend roughly 19.7% of their income on rent, more than the 16.9% in Mount Vernon.