Clarksdale, MO vs Diamond, MO

There is a significant gap in the cost of living between these two cities. Clarksdale is 23.9% cheaper than Diamond. With a cost index of 50 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarksdale to Diamond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarksdale is $388/month compared to $814/month in Diamond — a 52% difference. Home values follow the same pattern: Clarksdale is more affordable at $89,500 median vs $132,800.

Median household income in Clarksdale is $66,000 compared to $74,000 in Diamond (-10.8%). Diamond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Clarksdale spend roughly 7.1% of their income on rent, less than the 13.2% in Diamond.