Caruthersville, MO vs Elsberry, MO
Caruthersville is moderately more affordable than Elsberry, with a 6.8% lower cost of living index. Caruthersville scores 65 compared to 70 for Elsberry, where the US average is 100. This difference means residents of Elsberry can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Caruthersville is $771/month compared to $901/month in Elsberry — a 14% difference. Interestingly, home values tell a different story: while Caruthersville has cheaper rent, Elsberry actually has lower median home values ($113,300 vs $118,700).
Median household income in Caruthersville is $35,903 compared to $49,226 in Elsberry (-27.1%). While Elsberry is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caruthersville spend roughly 25.8% of their income on rent, more than the 22% in Elsberry.
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