Ellisville, MO vs Palmyra, MO

The cost of living difference between Ellisville, MO and Palmyra, MO is dramatic. Palmyra is 51.7% cheaper than Ellisville, a gap that translates to thousands of dollars per year in household expenses. Ellisville has a cost index of 108 while Palmyra sits at 71, 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.

On the housing front, median rent in Ellisville is $1,535/month compared to $852/month in Palmyra — a 80% difference. Home values follow the same pattern: Palmyra is more affordable at $165,000 median vs $347,300.

Median household income in Ellisville is $105,276 compared to $69,211 in Palmyra (+52.1%). While Ellisville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ellisville spend roughly 17.5% of their income on rent, more than the 14.8% in Palmyra.