Hannibal, MO vs Imperial, MO

There is a significant gap in the cost of living between these two cities. Hannibal is 24.9% cheaper than Imperial. With a cost index of 67 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hannibal to Imperial should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hannibal is $821/month compared to $1,255/month in Imperial — a 35% difference. Home values follow the same pattern: Hannibal is more affordable at $126,300 median vs $221,900.

Median household income in Hannibal is $54,071 compared to $87,949 in Imperial (-38.5%). While Imperial is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hannibal spend roughly 18.2% of their income on rent, more than the 17.1% in Imperial.