Diamond, MO vs Lathrop, MO

Diamond is moderately more affordable than Lathrop, with a 8.2% lower cost of living index. Diamond scores 65 compared to 71 for Lathrop, where the US average is 100. This difference means residents of Lathrop can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Diamond is $814/month compared to $850/month in Lathrop — a 4% difference. Home values follow the same pattern: Diamond is more affordable at $132,800 median vs $156,500.

Median household income in Diamond is $74,000 compared to $76,468 in Lathrop (-3.2%). Lathrop 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 Diamond spend roughly 13.2% of their income on rent, less than the 13.3% in Lathrop.