Murphy, MO vs Raymore, MO

There is a significant gap in the cost of living between these two cities. Murphy is 21.2% cheaper than Raymore. With a cost index of 77 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Murphy to Raymore should plan for substantially higher expenses across most categories.

On the housing front, median rent in Murphy is $961/month compared to $1,283/month in Raymore — a 25% difference. Home values follow the same pattern: Murphy is more affordable at $177,500 median vs $318,000.

Median household income in Murphy is $73,373 compared to $103,158 in Raymore (-28.9%). While Raymore 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, more than the 14.9% in Raymore.