Cape Girardeau, MO vs Raymore, MO

There is a significant gap in the cost of living between these two cities. Cape Girardeau is 26.9% cheaper than Raymore. With a cost index of 71 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cape Girardeau to Raymore should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cape Girardeau is $855/month compared to $1,283/month in Raymore — a 33% difference. Home values follow the same pattern: Cape Girardeau is more affordable at $186,100 median vs $318,000.

Median household income in Cape Girardeau is $54,870 compared to $103,158 in Raymore (-46.8%). While Raymore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cape Girardeau spend roughly 18.7% of their income on rent, more than the 14.9% in Raymore.