Bourbon, MO vs St. Elizabeth, MO

There is a significant gap in the cost of living between these two cities. Bourbon is 26.9% cheaper than St. Elizabeth. With a cost index of 69 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bourbon to St. Elizabeth should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Bourbon are $116,000 compared to $270,700 in St. Elizabeth, a 57% gap.

Median household income in Bourbon is $63,125 compared to $93,438 in St. Elizabeth (-32.4%). While St. Elizabeth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.