Mayview, MO vs New Franklin, MO

Mayview, MO and New Franklin, MO have a very similar cost of living, with only a 3.9% difference in their overall index. Mayview scores 64 while New Franklin scores 61 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 Mayview is $745/month compared to $680/month in New Franklin — a 10% difference. Interestingly, home values tell a different story: while New Franklin has cheaper rent, Mayview actually has lower median home values ($105,600 vs $117,700).

Median household income in Mayview is $87,188 compared to $53,056 in New Franklin (+64.3%). While Mayview is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mayview spend roughly 10.3% of their income on rent, less than the 15.4% in New Franklin.