Hannibal, MO vs Liberty, MO

There is a significant gap in the cost of living between these two cities. Hannibal is 25.2% cheaper than Liberty. With a cost index of 67 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hannibal to Liberty should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hannibal is $821/month compared to $1,164/month in Liberty — a 30% difference. Home values follow the same pattern: Hannibal is more affordable at $126,300 median vs $267,900.

Median household income in Hannibal is $54,071 compared to $95,425 in Liberty (-43.3%). While Liberty 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 14.6% in Liberty.