Boonville, MO vs Strafford, MO

Boonville, MO and Strafford, MO have a very similar cost of living, with only a 2.8% difference in their overall index. Boonville scores 68 while Strafford scores 67 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 $767/month in Strafford — a 1% difference. Interestingly, home values tell a different story: while Boonville has cheaper rent, Strafford actually has lower median home values ($148,100 vs $173,400).

Median household income in Boonville is $51,321 compared to $60,670 in Strafford (-15.4%). Strafford 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 15.2% in Strafford.