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New Franklin, MO vs Purcell, MO

61
New Franklin
Missouri
VS
-5.7%
65
Purcell
Missouri

New Franklin is moderately more affordable than Purcell, with a 5.7% lower cost of living index. New Franklin scores 61 compared to 65 for Purcell, where the US average is 100. This difference means residents of Purcell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Franklin is $680/month compared to $938/month in Purcell — a 28% difference. Interestingly, home values tell a different story: while New Franklin has cheaper rent, Purcell actually has lower median home values ($84,600 vs $117,700).

Median household income in New Franklin is $53,056 compared to $38,750 in Purcell (+36.9%). New Franklin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Franklin spend roughly 15.4% of their income on rent, less than the 29% in Purcell.

Income & Cost

Cost of Living Index
New Franklin
61
6% cheaper
Purcell
65
Median Household Income
New Franklin
$53,056
27% higher
Purcell
$38,750

Housing

Median Rent
New Franklin
$680
28% cheaper
Purcell
$938
Median Home Value
New Franklin
$117,700
Purcell
$84,600
28% cheaper
Population
New Franklin
1,015
Purcell
354

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Franklin $2.96
Purcell $2.96
US $3.07
🥚
Eggs (grade A, large)
New Franklin $2.42
Purcell $2.42
US $2.50
🥛
Milk (whole)
New Franklin $3.89
Purcell $3.89
US $4.03
🍞
Bread (white)
New Franklin $1.79
Purcell $1.79
US $1.85
🍗
Chicken breast
New Franklin $4.00
Purcell $4.00
US $4.14
Electricity
New Franklin $0.17
Purcell $0.17
US $0.19