Booneville, AR vs Mount Ida, AR

Booneville is moderately more affordable than Mount Ida, with a 9.2% lower cost of living index. Booneville scores 59 compared to 65 for Mount Ida, where the US average is 100. This difference means residents of Mount Ida can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Booneville is $727/month compared to $709/month in Mount Ida — a 3% difference. Interestingly, home values tell a different story: while Mount Ida has cheaper rent, Booneville actually has lower median home values ($91,800 vs $157,900).

Median household income in Booneville is $49,653 compared to $43,114 in Mount Ida (+15.2%). Booneville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Booneville spend roughly 17.6% of their income on rent, less than the 19.7% in Mount Ida.