Bourbon, MO vs Higginsville, MO

Bourbon is moderately more affordable than Higginsville, with a 6.1% lower cost of living index. Bourbon scores 69 compared to 73 for Higginsville, where the US average is 100. This difference means residents of Higginsville 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 $901/month in Higginsville — a 4% difference. Home values follow the same pattern: Bourbon is more affordable at $116,000 median vs $163,700.

Median household income in Bourbon is $63,125 compared to $76,409 in Higginsville (-17.4%). While Higginsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bourbon spend roughly 16.4% of their income on rent, more than the 14.2% in Higginsville.