Cape Girardeau, MO vs Raytown, MO
Cape Girardeau is moderately more affordable than Raytown, with a 13.8% lower cost of living index. Cape Girardeau scores 71 compared to 83 for Raytown, where the US average is 100. This difference means residents of Raytown 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 $1,213/month in Raytown — a 30% difference. Interestingly, home values tell a different story: while Cape Girardeau has cheaper rent, Raytown actually has lower median home values ($162,000 vs $186,100).
Median household income in Cape Girardeau is $54,870 compared to $67,227 in Raytown (-18.4%). While Raytown 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, less than the 21.7% in Raytown.
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