Bourbon, MO vs Raymondville, MO

There is a significant gap in the cost of living between these two cities. Raymondville is 25.9% cheaper than Bourbon. With a cost index of 55 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Raymondville to Bourbon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bourbon is $861/month compared to $488/month in Raymondville — a 76% difference. Home values follow the same pattern: Raymondville is more affordable at $96,400 median vs $116,000.

Median household income in Bourbon is $63,125 compared to $37,500 in Raymondville (+68.3%). While Bourbon 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 15.6% in Raymondville.