Boonville, IN vs Ferdinand, IN

Boonville is moderately more affordable than Ferdinand, with a 5.9% lower cost of living index. Boonville scores 69 compared to 73 for Ferdinand, where the US average is 100. This difference means residents of Ferdinand can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Boonville is $835/month compared to $861/month in Ferdinand — a 3% difference. Home values follow the same pattern: Boonville is more affordable at $143,100 median vs $172,700.

Median household income in Boonville is $62,500 compared to $74,943 in Ferdinand (-16.6%). While Ferdinand is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boonville spend roughly 16% of their income on rent, more than the 13.8% in Ferdinand.