Hamilton, MO vs Odessa, MO

There is a significant gap in the cost of living between these two cities. Hamilton is 21.8% cheaper than Odessa. With a cost index of 63 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hamilton to Odessa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hamilton is $614/month compared to $998/month in Odessa — a 39% difference. Home values follow the same pattern: Hamilton is more affordable at $139,200 median vs $209,600.

Median household income in Hamilton is $56,548 compared to $85,592 in Odessa (-33.9%). While Odessa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hamilton spend roughly 13% of their income on rent, less than the 14% in Odessa.