Bloomfield, MO vs Fordland, MO

Bloomfield, MO and Fordland, MO have a very similar cost of living, with only a 1.4% difference in their overall index. Bloomfield scores 62 while Fordland 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 Bloomfield is $800/month compared to $719/month in Fordland — a 11% difference. Interestingly, home values tell a different story: while Fordland has cheaper rent, Bloomfield actually has lower median home values ($69,400 vs $119,600).

Median household income in Bloomfield is $43,182 compared to $49,167 in Fordland (-12.2%). While Fordland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomfield spend roughly 22.2% of their income on rent, more than the 17.5% in Fordland.