The cost of living index in Boonville, IN, shows a favorable comparison to the nationwide average, which is set at 100. Housing costs 25% lower, while groceries, utilities, healthcare, and miscellaneous expenses are only slightly below the national average. Transportation costs match the national average, offering a balanced living experience.
The cost of living in Boonville, Indiana, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Boonville stand at 75, indicating that residents can expect to pay 25% less than the average American. This lower housing expense can be a significant advantage for those relocating to Boonville, offering more affordability in one of the essential living expenses.
Additionally, Boonville's grocery costs are at 85, which is 15% below the national average. This slight reduction in grocery prices can help families manage their budgets more effectively. Utilities in Boonville are at 90, only 10% higher than the national average, suggesting that residents will not face significant increases in these essential services. Transportation costs are also at 90, matching the national average, which means commuting expenses will be comparable to those in other parts of the country. Healthcare costs in Boonville are at 80, which is 20% lower than the national average, potentially offering savings for those with healthcare needs. Miscellaneous expenses, at 85, are 15% below the national average, providing further opportunities for cost savings in everyday spending.
