Boonville, IN vs Lebanon, IN

Boonville is moderately more affordable than Lebanon, with a 8.7% lower cost of living index. Boonville scores 69 compared to 75 for Lebanon, where the US average is 100. This difference means residents of Lebanon 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 $900/month in Lebanon — a 7% difference. Home values follow the same pattern: Boonville is more affordable at $143,100 median vs $179,200.

Median household income in Boonville is $62,500 compared to $63,773 in Lebanon (-2%). Lebanon does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Boonville spend roughly 16% of their income on rent, less than the 16.9% in Lebanon.