Eminence, MO vs Taos, MO

Eminence is moderately more affordable than Taos, with a 6.6% lower cost of living index. Eminence scores 60 compared to 64 for Taos, where the US average is 100. This difference means residents of Taos can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eminence is $675/month compared to $425/month in Taos — a 59% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Eminence actually has lower median home values ($94,300 vs $256,000).

Median household income in Eminence is $30,000 compared to $103,594 in Taos (-71%). While Taos is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eminence spend roughly 27% of their income on rent, more than the 4.9% in Taos.