Goodman, MO vs Mindenmines, MO
There is a significant gap in the cost of living between these two cities. Mindenmines is 23.1% cheaper than Goodman. With a cost index of 48 vs 59, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mindenmines to Goodman should plan for substantially higher expenses across most categories.
On the housing front, median rent in Goodman is $695/month compared to $386/month in Mindenmines — a 80% difference. Home values follow the same pattern: Mindenmines is more affordable at $47,600 median vs $94,400.
Median household income in Goodman is $42,610 compared to $23,088 in Mindenmines (+84.6%). While Goodman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goodman spend roughly 19.6% of their income on rent, less than the 20.1% in Mindenmines.
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