Bourbon, MO vs Freeman, MO

Bourbon is moderately more affordable than Freeman, with a 6.9% lower cost of living index. Bourbon scores 69 compared to 74 for Freeman, where the US average is 100. This difference means residents of Freeman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bourbon is $861/month compared to $961/month in Freeman — a 10% difference. Home values follow the same pattern: Bourbon is more affordable at $116,000 median vs $148,400.

Median household income in Bourbon is $63,125 compared to $63,750 in Freeman (-1%). Freeman 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 Bourbon spend roughly 16.4% of their income on rent, less than the 18.1% in Freeman.