Canton, MO vs Nevada, MO

Canton is moderately more affordable than Nevada, with a 6.3% lower cost of living index. Canton scores 58 compared to 62 for Nevada, where the US average is 100. This difference means residents of Nevada can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Canton is $548/month compared to $716/month in Nevada — a 24% difference. Interestingly, home values tell a different story: while Canton has cheaper rent, Nevada actually has lower median home values ($100,600 vs $115,100).

Median household income in Canton is $46,941 compared to $45,799 in Nevada (+2.5%). Canton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Canton spend roughly 14% of their income on rent, less than the 18.8% in Nevada.