Elsberry, MO vs Perry, MO
There is a significant gap in the cost of living between these two cities. Perry is 20.2% cheaper than Elsberry. With a cost index of 58 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Perry to Elsberry should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elsberry is $901/month compared to $567/month in Perry — a 59% difference. Home values follow the same pattern: Perry is more affordable at $108,600 median vs $113,300.
Median household income in Elsberry is $49,226 compared to $47,443 in Perry (+3.8%). Elsberry 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 Elsberry spend roughly 22% of their income on rent, more than the 14.3% in Perry.
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