Booneville, KY vs Fredonia, KY

Fredonia is moderately more affordable than Booneville, with a 5.8% lower cost of living index. Booneville scores 67 compared to 64 for Fredonia, where the US average is 100. This difference means residents of Booneville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Booneville is $596/month compared to $783/month in Fredonia — a 24% difference. Interestingly, home values tell a different story: while Booneville has cheaper rent, Fredonia actually has lower median home values ($94,600 vs $208,900).

Median household income in Booneville is $52,500 compared to $67,396 in Fredonia (-22.1%). Fredonia 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 13.6% of their income on rent, less than the 13.9% in Fredonia.