Deepwater, MO vs Ludlow, MO

Deepwater, MO and Ludlow, MO have a very similar cost of living, with only a 0.9% difference in their overall index. Deepwater scores 58 while Ludlow scores 59 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Deepwater is $647/month compared to $637/month in Ludlow — a 2% difference. Interestingly, home values tell a different story: while Ludlow has cheaper rent, Deepwater actually has lower median home values ($80,000 vs $90,000).

Median household income in Deepwater is $31,250 compared to $56,000 in Ludlow (-44.2%). While Ludlow is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deepwater spend roughly 24.8% of their income on rent, more than the 13.7% in Ludlow.