New Haven, MO vs St. Martins, MO

There is a significant gap in the cost of living between these two cities. St. Martins is 15.4% cheaper than New Haven. With a cost index of 65 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Martins to New Haven should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Haven is $883/month compared to $538/month in St. Martins — a 64% difference. Interestingly, home values tell a different story: while St. Martins has cheaper rent, New Haven actually has lower median home values ($187,600 vs $225,000).

Median household income in New Haven is $69,701 compared to $78,125 in St. Martins (-10.8%). St. Martins 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 Haven spend roughly 15.2% of their income on rent, more than the 8.3% in St. Martins.