New Madrid, MO vs Pacific, MO
There is a significant gap in the cost of living between these two cities. New Madrid is 22.3% cheaper than Pacific. With a cost index of 63 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Madrid to Pacific should plan for substantially higher expenses across most categories.
On the housing front, median rent in New Madrid is $692/month compared to $914/month in Pacific — a 24% difference. Home values follow the same pattern: New Madrid is more affordable at $120,700 median vs $244,000.
Median household income in New Madrid is $51,250 compared to $57,119 in Pacific (-10.3%). Pacific does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of New Madrid spend roughly 16.2% of their income on rent, less than the 19.2% in Pacific.
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