Poplar Bluff, MO vs Richmond, MO

Poplar Bluff, MO and Richmond, MO have a very similar cost of living, with only a 3% difference in their overall index. Poplar Bluff scores 64 while Richmond scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Poplar Bluff is $760/month compared to $734/month in Richmond — a 4% difference. Interestingly, home values tell a different story: while Richmond has cheaper rent, Poplar Bluff actually has lower median home values ($109,700 vs $135,500).

Median household income in Poplar Bluff is $42,035 compared to $58,906 in Richmond (-28.6%). While Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Poplar Bluff spend roughly 21.7% of their income on rent, more than the 15% in Richmond.