Boone, IA vs Mount Vernon, IA

Boone is moderately more affordable than Mount Vernon, with a 10.5% lower cost of living index. Boone scores 69 compared to 77 for Mount Vernon, where the US average is 100. This difference means residents of Mount Vernon 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 $802/month in Mount Vernon — a 1% difference. Home values follow the same pattern: Boone is more affordable at $156,400 median vs $256,900.

Median household income in Boone is $67,269 compared to $106,356 in Mount Vernon (-36.8%). While Mount Vernon 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 9% in Mount Vernon.