Farmington, MO vs Shrewsbury, MO

There is a significant gap in the cost of living between these two cities. Farmington is 18.3% cheaper than Shrewsbury. With a cost index of 73 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to Shrewsbury should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmington is $856/month compared to $1,143/month in Shrewsbury — a 25% difference. Home values follow the same pattern: Farmington is more affordable at $187,500 median vs $266,600.

Median household income in Farmington is $49,882 compared to $84,942 in Shrewsbury (-41.3%). While Shrewsbury is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 20.6% of their income on rent, more than the 16.1% in Shrewsbury.