Murphy, MO vs Piedmont, MO

There is a significant gap in the cost of living between these two cities. Piedmont is 28.7% cheaper than Murphy. With a cost index of 60 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Piedmont to Murphy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Murphy is $961/month compared to $639/month in Piedmont — a 50% difference. Home values follow the same pattern: Piedmont is more affordable at $102,400 median vs $177,500.

Median household income in Murphy is $73,373 compared to $37,868 in Piedmont (+93.8%). While Murphy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Murphy spend roughly 15.7% of their income on rent, less than the 20.2% in Piedmont.