Caruthersville, MO vs Jackson, MO
There is a significant gap in the cost of living between these two cities. Caruthersville is 16.2% cheaper than Jackson. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caruthersville to Jackson should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caruthersville is $771/month compared to $955/month in Jackson — a 19% difference. Home values follow the same pattern: Caruthersville is more affordable at $118,700 median vs $227,600.
Median household income in Caruthersville is $35,903 compared to $80,435 in Jackson (-55.4%). While Jackson 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 14.2% in Jackson.
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