New Madrid, MO vs Pineville, MO
New Madrid is moderately more affordable than Pineville, with a 7.1% lower cost of living index. New Madrid scores 63 compared to 68 for Pineville, where the US average is 100. This difference means residents of Pineville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in New Madrid is $692/month compared to $717/month in Pineville — a 4% difference. Home values follow the same pattern: New Madrid is more affordable at $120,700 median vs $170,300.
Median household income in New Madrid is $51,250 compared to $34,688 in Pineville (+47.7%). New Madrid 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 Madrid spend roughly 16.2% of their income on rent, less than the 24.8% in Pineville.
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