Chaffee, MO vs Murphy, MO

There is a significant gap in the cost of living between these two cities. Chaffee is 19.9% cheaper than Murphy. With a cost index of 62 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chaffee to Murphy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chaffee is $713/month compared to $961/month in Murphy — a 26% difference. Home values follow the same pattern: Chaffee is more affordable at $120,900 median vs $177,500.

Median household income in Chaffee is $41,024 compared to $73,373 in Murphy (-44.1%). While Murphy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chaffee spend roughly 20.9% of their income on rent, more than the 15.7% in Murphy.