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Boone, IA vs Jefferson, IA

69
Boone
Iowa
VS
+5.1%
65
Jefferson
Iowa

Jefferson is moderately more affordable than Boone, with a 5.1% lower cost of living index. Boone scores 69 compared to 65 for Jefferson, 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 $745/month in Jefferson — a 6% difference. Home values follow the same pattern: Jefferson is more affordable at $126,900 median vs $156,400.

Median household income in Boone is $67,269 compared to $54,286 in Jefferson (+23.9%). 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 16.5% in Jefferson.

Income & Cost

Cost of Living Index
Boone
69
Jefferson
65
5% cheaper
Median Household Income
Boone
$67,269
19% higher
Jefferson
$54,286

Housing

Median Rent
Boone
$791
Jefferson
$745
6% cheaper
Median Home Value
Boone
$156,400
Jefferson
$126,900
19% cheaper
Population
Boone
12,445
Jefferson
4,164

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Boone $2.96
Jefferson $2.96
US $3.07
🥚
Eggs (grade A, large)
Boone $2.42
Jefferson $2.42
US $2.50
🥛
Milk (whole)
Boone $3.89
Jefferson $3.89
US $4.03
🍞
Bread (white)
Boone $1.79
Jefferson $1.79
US $1.85
🍗
Chicken breast
Boone $4.00
Jefferson $4.00
US $4.14
Electricity
Boone $0.16
Jefferson $0.17
US $0.19