Clarkton, MO vs New Madrid, MO

There is a significant gap in the cost of living between these two cities. Clarkton is 15.2% cheaper than New Madrid. With a cost index of 53 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarkton to New Madrid should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarkton is $575/month compared to $692/month in New Madrid — a 17% difference. Home values follow the same pattern: Clarkton is more affordable at $47,100 median vs $120,700.

Median household income in Clarkton is $45,568 compared to $51,250 in New Madrid (-11.1%). The higher salaries in New Madrid partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Clarkton spend roughly 15.1% of their income on rent, less than the 16.2% in New Madrid.