Goodman, MO vs Louisiana, MO

Goodman, MO and Louisiana, MO have a very similar cost of living, with only a 1.6% difference in their overall index. Goodman scores 59 while Louisiana scores 58 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 Goodman is $695/month compared to $628/month in Louisiana — a 11% difference. Home values follow the same pattern: Louisiana is more affordable at $81,100 median vs $94,400.

Median household income in Goodman is $42,610 compared to $46,006 in Louisiana (-7.4%). Louisiana offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Goodman spend roughly 19.6% of their income on rent, more than the 16.4% in Louisiana.