Boone, IA vs Nevada, IA

Boone is moderately more affordable than Nevada, with a 6.2% lower cost of living index. Boone scores 69 compared to 73 for Nevada, where the US average is 100. This difference means residents of Nevada 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 $884/month in Nevada — a 11% difference. Home values follow the same pattern: Boone is more affordable at $156,400 median vs $177,800.

Median household income in Boone is $67,269 compared to $75,221 in Nevada (-10.6%). While Nevada 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 14.1% in Nevada.