Boone, IA vs Washington, IA

Boone, IA and Washington, IA have a very similar cost of living, with only a 4.6% difference in their overall index. Boone scores 69 while Washington scores 72 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 $927/month in Washington — a 15% difference. Interestingly, home values tell a different story: while Boone has cheaper rent, Washington actually has lower median home values ($144,500 vs $156,400).

Median household income in Boone is $67,269 compared to $56,536 in Washington (+19%). Boone 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, less than the 19.7% in Washington.