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Boone, IA vs Cherokee, IA

69
Boone
Iowa
VS
+9.2%
63
Cherokee
Iowa

Cherokee is moderately more affordable than Boone, with a 9.2% lower cost of living index. Boone scores 69 compared to 63 for Cherokee, where the US average is 100. This difference means residents of Boone can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Boone is $791/month compared to $707/month in Cherokee — a 12% difference. Home values follow the same pattern: Cherokee is more affordable at $119,400 median vs $156,400.

Median household income in Boone is $67,269 compared to $48,693 in Cherokee (+38.1%). While Boone is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boone spend roughly 14.1% of their income on rent, less than the 17.4% in Cherokee.

Income & Cost

Cost of Living Index
Boone
69
Cherokee
63
8% cheaper
Median Household Income
Boone
$67,269
28% higher
Cherokee
$48,693

Housing

Median Rent
Boone
$791
Cherokee
$707
11% cheaper
Median Home Value
Boone
$156,400
Cherokee
$119,400
24% cheaper
Population
Boone
12,445
Cherokee
5,157

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boone $2.96
Cherokee
US $3.07
🥚
Eggs (grade A, large)
Boone $2.42
Cherokee
US $2.50
🥛
Milk (whole)
Boone $3.89
Cherokee
US $4.03
🍞
Bread (white)
Boone $1.79
Cherokee
US $1.85
🍗
Chicken breast
Boone $4.00
Cherokee
US $4.14
Electricity
Boone $0.16
Cherokee
US $0.19