Boonville, IN vs Shelbyville, IN

Boonville is moderately more affordable than Shelbyville, with a 8.5% lower cost of living index. Boonville scores 69 compared to 75 for Shelbyville, where the US average is 100. This difference means residents of Shelbyville 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 $970/month in Shelbyville — a 14% difference. Home values follow the same pattern: Boonville is more affordable at $143,100 median vs $151,100.

Median household income in Boonville is $62,500 compared to $58,532 in Shelbyville (+6.8%). Boonville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boonville spend roughly 16% of their income on rent, less than the 19.9% in Shelbyville.