Bloomfield, MO vs Parkway, MO

Bloomfield is moderately more affordable than Parkway, with a 14.7% lower cost of living index. Bloomfield scores 62 compared to 73 for Parkway, where the US average is 100. This difference means residents of Parkway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bloomfield is $800/month compared to $855/month in Parkway — a 6% difference. Home values follow the same pattern: Bloomfield is more affordable at $69,400 median vs $164,200.

Median household income in Bloomfield is $43,182 compared to $43,672 in Parkway (-1.1%). Parkway does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bloomfield spend roughly 22.2% of their income on rent, less than the 23.5% in Parkway.