Gallatin, MO vs Morrisville, MO

Gallatin, MO and Morrisville, MO have a very similar cost of living, with only a 1% difference in their overall index. Gallatin scores 65 while Morrisville scores 65 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 Gallatin is $761/month compared to $773/month in Morrisville — a 2% difference. Interestingly, home values tell a different story: while Gallatin has cheaper rent, Morrisville actually has lower median home values ($123,900 vs $126,400).

Median household income in Gallatin is $43,322 compared to $51,528 in Morrisville (-15.9%). Morrisville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gallatin spend roughly 21.1% of their income on rent, more than the 18% in Morrisville.