Bonne Terre, MO vs Granby, MO
Bonne Terre, MO and Granby, MO have a very similar cost of living, with only a 1.9% difference in their overall index. Bonne Terre scores 61 while Granby scores 62 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 Bonne Terre is $585/month compared to $794/month in Granby — a 26% difference. Interestingly, home values tell a different story: while Bonne Terre has cheaper rent, Granby actually has lower median home values ($99,200 vs $120,400).
Median household income in Bonne Terre is $39,767 compared to $45,655 in Granby (-12.9%). While Granby is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bonne Terre spend roughly 17.7% of their income on rent, less than the 20.9% in Granby.
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