CostIndexUSA

Joplin, MO vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMO
Joplin
85.7
overall index
$1,250/mo rent
NY
New York
112.6
overall index
$3,225/mo rent

Joplin is dramatically cheaper than New York — 31.4% lower overall cost of living.

To match an $80,000 salary in Joplin, you would need $105,100 in New York. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+175.2%
Joplin
54
New York
148.6
🛒 Groceries+17.1%
Joplin
94.2
New York
110.3
🚗 Transportation+13.7%
Joplin
97.7
New York
111.1
🏥 Healthcare+13.7%
Joplin
88.4
New York
100.5
Utilities+47.8%
Joplin
85.9
New York
127

Salary Equivalency Calculator

Enter your current salary in Joplin to see what you'd need to earn in New York to maintain the same purchasing power.

$
Equivalent salary in New York, NY
$105,100
$25,100 more needed in New York

Formula: salary × (112.6 ÷ 85.7) = salary × 1.3139. Based on BEA Regional Price Parities.

Housing Market

Joplin, MO

Median Home Price
$216,000
Median Monthly Rent
$1,250
Housing Index
54
Price-to-Rent Ratio
14.4×

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

New York has 175.2% higher housing costs compared to Joplin.

Income & Job Market

Joplin, MO

Median Household Income
$57,900
Per Capita Income
$33,000
Unemployment Rate
4.4%
Population
50,843
Top Industries
HealthcareManufacturingRetailEducationFinance

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Joplin, MO
3.9×income-to-rent ratio

74% of income left after rent (median)

New York, NY
2.5×income-to-rent ratio

59% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.