Clarence, MO vs Lathrop, MO

There is a significant gap in the cost of living between these two cities. Clarence is 21.5% cheaper than Lathrop. With a cost index of 56 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarence to Lathrop should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarence is $590/month compared to $850/month in Lathrop — a 31% difference. Home values follow the same pattern: Clarence is more affordable at $73,800 median vs $156,500.

Median household income in Clarence is $29,306 compared to $76,468 in Lathrop (-61.7%). While Lathrop is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarence spend roughly 24.2% of their income on rent, more than the 13.3% in Lathrop.