Boonville, MO vs Sedalia, MO
Boonville, MO and Sedalia, MO have a very similar cost of living, with only a 0.2% difference in their overall index. Boonville scores 68 while Sedalia scores 68 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 $759/month compared to $854/month in Sedalia — a 11% difference. Interestingly, home values tell a different story: while Boonville has cheaper rent, Sedalia actually has lower median home values ($136,500 vs $173,400).
Median household income in Boonville is $51,321 compared to $50,668 in Sedalia (+1.3%). While Boonville 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 17.7% of their income on rent, less than the 20.2% in Sedalia.
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