Miner, MO vs New Madrid, MO

Miner, MO and New Madrid, MO have a very similar cost of living, with only a 2.4% difference in their overall index. Miner scores 61 while New Madrid scores 63 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 Miner is $610/month compared to $692/month in New Madrid — a 12% difference. Interestingly, home values tell a different story: while Miner has cheaper rent, New Madrid actually has lower median home values ($120,700 vs $132,800).

Median household income in Miner is $52,375 compared to $51,250 in New Madrid (+2.2%). Miner offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Miner spend roughly 14% of their income on rent, less than the 16.2% in New Madrid.