Cape Girardeau, MO vs Hannibal, MO

Hannibal is moderately more affordable than Cape Girardeau, with a 6% lower cost of living index. Cape Girardeau scores 71 compared to 67 for Hannibal, where the US average is 100. This difference means residents of Cape Girardeau can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cape Girardeau is $855/month compared to $821/month in Hannibal — a 4% difference. Home values follow the same pattern: Hannibal is more affordable at $126,300 median vs $186,100.

Median household income in Cape Girardeau is $54,870 compared to $54,071 in Hannibal (+1.5%). Cape Girardeau 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 Cape Girardeau spend roughly 18.7% of their income on rent, more than the 18.2% in Hannibal.