Kingsville, MO vs New Franklin, MO
New Franklin is moderately more affordable than Kingsville, with a 9% lower cost of living index. Kingsville scores 67 compared to 61 for New Franklin, where the US average is 100. This difference means residents of Kingsville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Kingsville is $868/month compared to $680/month in New Franklin — a 28% difference. Interestingly, home values tell a different story: while New Franklin has cheaper rent, Kingsville actually has lower median home values ($98,400 vs $117,700).
Median household income in Kingsville is $64,250 compared to $53,056 in New Franklin (+21.1%). While Kingsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kingsville spend roughly 16.2% of their income on rent, more than the 15.4% in New Franklin.
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