Graham, MO vs Montrose, MO

There is a significant gap in the cost of living between these two cities. Graham is 23.9% cheaper than Montrose. With a cost index of 49 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Graham to Montrose should plan for substantially higher expenses across most categories.

On the housing front, median rent in Graham is $395/month compared to $855/month in Montrose — a 54% difference. Interestingly, home values tell a different story: while Graham has cheaper rent, Montrose actually has lower median home values ($79,400 vs $83,600).

Median household income in Graham is $29,167 compared to $50,938 in Montrose (-42.7%). While Montrose is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Graham spend roughly 16.3% of their income on rent, less than the 20.1% in Montrose.