Bourbon, MO vs Savannah, MO
Bourbon, MO and Savannah, MO have a very similar cost of living, with only a 1.7% difference in their overall index. Bourbon scores 69 while Savannah scores 68 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 $835/month in Savannah — a 3% difference. Interestingly, home values tell a different story: while Savannah has cheaper rent, Bourbon actually has lower median home values ($116,000 vs $143,100).
Median household income in Bourbon is $63,125 compared to $58,983 in Savannah (+7%). 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, less than the 17% in Savannah.
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