Bourbon, MO vs Kelso, MO

Bourbon, MO and Kelso, MO have a very similar cost of living, with only a 4.7% difference in their overall index. Bourbon scores 69 while Kelso scores 72 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 Bourbon is $861/month compared to $810/month in Kelso — a 6% difference. Interestingly, home values tell a different story: while Kelso has cheaper rent, Bourbon actually has lower median home values ($116,000 vs $213,800).

Median household income in Bourbon is $63,125 compared to $54,853 in Kelso (+15.1%). Bourbon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bourbon spend roughly 16.4% of their income on rent, less than the 17.7% in Kelso.