Boonville, MO vs Montgomery City, MO

Montgomery City is moderately more affordable than Boonville, with a 7.3% lower cost of living index. Boonville scores 68 compared to 64 for Montgomery City, where the US average is 100. This difference means residents of Boonville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Boonville is $759/month compared to $723/month in Montgomery City — a 5% difference. Home values follow the same pattern: Montgomery City is more affordable at $137,500 median vs $173,400.

Median household income in Boonville is $51,321 compared to $51,707 in Montgomery City (-0.7%). Montgomery City 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 17.7% of their income on rent, more than the 16.8% in Montgomery City.