Cape Girardeau, MO vs Farmington, MO

Cape Girardeau, MO and Farmington, MO have a very similar cost of living, with only a 2.8% difference in their overall index. Cape Girardeau scores 71 while Farmington scores 73 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 Cape Girardeau is $855/month compared to $856/month in Farmington — a 0% difference. Home values follow the same pattern: Cape Girardeau is more affordable at $186,100 median vs $187,500.

Median household income in Cape Girardeau is $54,870 compared to $49,882 in Farmington (+10%). Cape Girardeau offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cape Girardeau spend roughly 18.7% of their income on rent, less than the 20.6% in Farmington.