Boonville, IN vs Jasper, IN

Boonville, IN and Jasper, IN have a very similar cost of living, with only a 4.4% difference in their overall index. Boonville scores 69 while Jasper 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 Boonville is $835/month compared to $741/month in Jasper — a 13% difference. Interestingly, home values tell a different story: while Jasper has cheaper rent, Boonville actually has lower median home values ($143,100 vs $203,300).

Median household income in Boonville is $62,500 compared to $65,283 in Jasper (-4.3%). The higher salaries in Jasper partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Boonville spend roughly 16% of their income on rent, more than the 13.6% in Jasper.