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Mansfield, MO vs Palmyra, MO

51
Mansfield
Missouri
VS
-28%
71
Palmyra
Missouri

There is a significant gap in the cost of living between these two cities. Mansfield is 28% cheaper than Palmyra. With a cost index of 51 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mansfield to Palmyra should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mansfield is $391/month compared to $852/month in Palmyra — a 54% difference. Home values follow the same pattern: Mansfield is more affordable at $92,000 median vs $165,000.

Median household income in Mansfield is $30,587 compared to $69,211 in Palmyra (-55.8%). While Palmyra is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mansfield spend roughly 15.3% of their income on rent, more than the 14.8% in Palmyra.

Income & Cost

Cost of Living Index
Mansfield
51
28% cheaper
Palmyra
71
Median Household Income
Mansfield
$30,587
Palmyra
$69,211
56% higher

Housing

Median Rent
Mansfield
$391
54% cheaper
Palmyra
$852
Median Home Value
Mansfield
$92,000
44% cheaper
Palmyra
$165,000
Population
Mansfield
1,375
Palmyra
3,620

Salary Equivalency Calculator

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