La Plata, MO vs Urbana, MO

La Plata is moderately more affordable than Urbana, with a 12.2% lower cost of living index. La Plata scores 50 compared to 57 for Urbana, where the US average is 100. This difference means residents of Urbana can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in La Plata is $326/month compared to $625/month in Urbana — a 48% difference. Interestingly, home values tell a different story: while La Plata has cheaper rent, Urbana actually has lower median home values ($80,000 vs $96,300).

Median household income in La Plata is $49,107 compared to $36,563 in Urbana (+34.3%). La Plata offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of La Plata spend roughly 8% of their income on rent, less than the 20.5% in Urbana.