Hermann, MO vs Marshfield, MO

Hermann, MO and Marshfield, MO have a very similar cost of living, with only a 0.1% difference in their overall index. Hermann scores 71 while Marshfield scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hermann is $782/month compared to $776/month in Marshfield — a 1% difference. Interestingly, home values tell a different story: while Marshfield has cheaper rent, Hermann actually has lower median home values ($175,100 vs $201,300).

Median household income in Hermann is $57,578 compared to $67,134 in Marshfield (-14.2%). Marshfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hermann spend roughly 16.3% of their income on rent, more than the 13.9% in Marshfield.