Bouton, IA vs New Virginia, IA

Bouton is moderately more affordable than New Virginia, with a 7.5% lower cost of living index. Bouton scores 72 compared to 78 for New Virginia, where the US average is 100. This difference means residents of New Virginia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bouton is $1,089/month compared to $1,054/month in New Virginia — a 3% difference. Interestingly, home values tell a different story: while New Virginia has cheaper rent, Bouton actually has lower median home values ($83,800 vs $168,100).

Median household income in Bouton is $72,500 compared to $75,875 in New Virginia (-4.4%). The higher salaries in New Virginia partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bouton spend roughly 18% of their income on rent, more than the 16.7% in New Virginia.