Boone, IA vs Humboldt, IA

Boone, IA and Humboldt, IA have a very similar cost of living, with only a 2.2% difference in their overall index. Boone scores 69 while Humboldt scores 67 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 Boone is $791/month compared to $731/month in Humboldt — a 8% difference. Interestingly, home values tell a different story: while Humboldt has cheaper rent, Boone actually has lower median home values ($156,400 vs $162,600).

Median household income in Boone is $67,269 compared to $70,661 in Humboldt (-4.8%). Humboldt offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boone spend roughly 14.1% of their income on rent, more than the 12.4% in Humboldt.