Cobalt, MO vs Crocker, MO

Crocker is moderately more affordable than Cobalt, with a 7.8% lower cost of living index. Cobalt scores 63 compared to 58 for Crocker, where the US average is 100. This difference means residents of Cobalt can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cobalt is $816/month compared to $602/month in Crocker — a 36% difference. Interestingly, home values tell a different story: while Crocker has cheaper rent, Cobalt actually has lower median home values ($76,700 vs $100,300).

Median household income in Cobalt is $28,542 compared to $54,519 in Crocker (-47.6%). Crocker offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cobalt spend roughly 34.3% of their income on rent, more than the 13.3% in Crocker. The Crocker ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.