New Florence, MO vs St. Thomas, MO
New Florence is moderately more affordable than St. Thomas, with a 8.6% lower cost of living index. New Florence scores 68 compared to 74 for St. Thomas, where the US average is 100. This difference means residents of St. Thomas can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New Florence is $883/month compared to $907/month in St. Thomas — a 3% difference. Home values follow the same pattern: New Florence is more affordable at $92,800 median vs $193,800.
Median household income in New Florence is $48,125 compared to $79,250 in St. Thomas (-39.3%). While St. Thomas is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Florence spend roughly 22% of their income on rent, more than the 13.7% in St. Thomas.
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