Fulton, MO vs Mount Vernon, MO

Fulton, MO and Mount Vernon, MO have a very similar cost of living, with only a 0.5% difference in their overall index. Fulton scores 68 while Mount Vernon scores 67 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 Fulton is $831/month compared to $691/month in Mount Vernon — a 20% difference. Interestingly, home values tell a different story: while Mount Vernon has cheaper rent, Fulton actually has lower median home values ($144,500 vs $175,000).

Median household income in Fulton is $55,015 compared to $49,153 in Mount Vernon (+11.9%). While Fulton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fulton spend roughly 18.1% of their income on rent, more than the 16.9% in Mount Vernon.