Bourbon, MO vs Ravenwood, MO

There is a significant gap in the cost of living between these two cities. Ravenwood is 17.9% cheaper than Bourbon. With a cost index of 58 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ravenwood to Bourbon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bourbon is $861/month compared to $681/month in Ravenwood — a 26% difference. Home values follow the same pattern: Ravenwood is more affordable at $70,000 median vs $116,000.

Median household income in Bourbon is $63,125 compared to $56,500 in Ravenwood (+11.7%). The higher salaries in Bourbon partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bourbon spend roughly 16.4% of their income on rent, more than the 14.5% in Ravenwood.