Grantwood Village, MO vs New Madrid, MO

The cost of living difference between Grantwood Village, MO and New Madrid, MO is dramatic. New Madrid is 80.2% cheaper than Grantwood Village, a gap that translates to thousands of dollars per year in household expenses. Grantwood Village has a cost index of 113 while New Madrid sits at 63, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Grantwood Village are $488,500 compared to $120,700 in New Madrid, a 305% gap.

Median household income in Grantwood Village is $134,844 compared to $51,250 in New Madrid (+163.1%). While Grantwood Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.