Ellington, MO vs Mineral Point, MO

The cost of living difference between Ellington, MO and Mineral Point, MO is dramatic. Ellington is 33.5% cheaper than Mineral Point, a gap that translates to thousands of dollars per year in household expenses. Ellington has a cost index of 58 while Mineral Point sits at 88, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Renters will find that Ellington has a median rent of $678/month while Mineral Point comes in at $1,013/month, a 33% difference.

Median household income in Ellington is $33,953 compared to $39,087 in Mineral Point (-13.1%). Mineral Point 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 Ellington spend roughly 24% of their income on rent, less than the 31.1% in Mineral Point. The Ellington ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.