Hayti, MO vs Richmond, MO

Hayti is moderately more affordable than Richmond, with a 13.7% lower cost of living index. Hayti scores 57 compared to 66 for Richmond, where the US average is 100. This difference means residents of Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hayti is $623/month compared to $734/month in Richmond — a 15% difference. Home values follow the same pattern: Hayti is more affordable at $73,500 median vs $135,500.

Median household income in Hayti is $25,486 compared to $58,906 in Richmond (-56.7%). While Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hayti spend roughly 29.3% of their income on rent, more than the 15% in Richmond.