Bourbon, MO vs Shelbyville, MO

The cost of living difference between Bourbon, MO and Shelbyville, MO is dramatic. Shelbyville is 32.8% cheaper than Bourbon, a gap that translates to thousands of dollars per year in household expenses. Bourbon has a cost index of 69 while Shelbyville sits at 52, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Bourbon is $861/month compared to $450/month in Shelbyville — a 91% difference. Home values follow the same pattern: Shelbyville is more affordable at $75,600 median vs $116,000.

Median household income in Bourbon is $63,125 compared to $46,875 in Shelbyville (+34.7%). 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, more than the 11.5% in Shelbyville.