Caruthersville, MO vs Hamilton, MO

Caruthersville, MO and Hamilton, MO have a very similar cost of living, with only a 3.9% difference in their overall index. Caruthersville scores 65 while Hamilton scores 63 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 Caruthersville is $771/month compared to $614/month in Hamilton — a 26% difference. Interestingly, home values tell a different story: while Hamilton has cheaper rent, Caruthersville actually has lower median home values ($118,700 vs $139,200).

Median household income in Caruthersville is $35,903 compared to $56,548 in Hamilton (-36.5%). Hamilton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Caruthersville spend roughly 25.8% of their income on rent, more than the 13% in Hamilton.