Collins, MO vs New Hampton, MO
There is a significant gap in the cost of living between these two cities. New Hampton is 25.1% cheaper than Collins. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Hampton to Collins should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Collins are $75,600 compared to $67,000 in New Hampton, a 13% gap.
Median household income in Collins is $40,417 compared to $28,393 in New Hampton (+42.3%). While Collins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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