Boone, IA vs Eldridge, IA

There is a significant gap in the cost of living between these two cities. Boone is 17.9% cheaper than Eldridge. With a cost index of 69 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Boone to Eldridge should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boone is $791/month compared to $845/month in Eldridge — a 6% difference. Home values follow the same pattern: Boone is more affordable at $156,400 median vs $329,400.

Median household income in Boone is $67,269 compared to $101,089 in Eldridge (-33.5%). While Eldridge 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, more than the 10% in Eldridge.