Essex, MO vs Mound City, MO

Essex, MO and Mound City, MO have a very similar cost of living, with only a 3.6% difference in their overall index. Essex scores 60 while Mound City scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Essex is $625/month compared to $675/month in Mound City — a 7% difference. Home values follow the same pattern: Essex is more affordable at $115,600 median vs $124,700.

Median household income in Essex is $63,854 compared to $60,735 in Mound City (+5.1%). Essex offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Essex spend roughly 11.7% of their income on rent, less than the 13.3% in Mound City.