What is the cost of living in Boonville, IN?
According to the most recent data on the cost of living, Boonville has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Indiana, Boonville has a cost of living index that's 0.9x lower than Indiana's index of 90.
The standard of living in Boonville ranks as #22 most affordable out of the 129 places we measured in Indiana. By definition, that implies Boonville ranks as the #107 most expensive place in the Hoosier State.
For more reading on life in Boonville, check out:
Boonville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Boonville. Here is how it fares on each of the criteria:
The Services index in Boonville is 97.
The Groceries index in Boonville is 96.
The Health index in Boonville is 60.
The Housing index in Boonville is 99.
The Transportation index in Boonville is 94.
The Utilities index in Boonville is 100.
| Living Expense | Boonville | Indiana | National Average |
|---|---|---|---|
| Overall | 84 | 90 | 100 |
| Services | 97 | 97 | 100 |
| Groceries | 96 | 95 | 100 |
| Health | 60 | 72 | 100 |
| Housing | 99 | 98 | 100 |
| Transportation | 94 | 94 | 100 |
| Utilities | 100 | 96 | 100 |
Boonville Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Boonville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Boonville, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Boonville is $230,216.
The Median Rent in Boonville is $873.
The Median Income in Boonville is $63,580.
The Home Value To Income in Boonville is 3.6x.
The Rent To Monthly Income in Boonville is 0.16x.
Boonville, IN Costs By Category
Detailed Boonville Services costs vs. Indiana
Detailed Boonville Groceries costs vs. Indiana
Detailed Boonville Health costs vs. Indiana
Detailed Boonville Transportation costs vs. Indiana
Boonville SnackAbility
Cost Of Living In Cities Around Boonville
The cost of living varies in the cities and towns around Boonville. Here's a quick look at the cost of living in the most populous nearby places:
Owensboro, KY has a cost of living index of 89, 1.1x Boonville.
Henderson, KY has a cost of living index of 87, 1.0x Boonville.
Vincennes, IN has a cost of living index of 83, 1.0x Boonville.
| City | Population | Cost Of Living | Vs. Boonville |
|---|---|---|---|
| Owensboro, KY | 60,302 | 89 | 1.1x |
| Henderson, KY | 27,852 | 87 | 1.0x |
| Vincennes, IN | 16,586 | 83 | 1.0x |
| Jasper, IN | 15,991 | 90 | 1.1x |
| Washington, IN | 12,367 | 87 | 1.0x |
| Mount Carmel, IL | 6,854 | 85 | 1.0x |
| Mount Vernon, IN | 6,400 | 91 | 1.1x |
| Huntingburg, IN | 6,396 | 81 | 1.0x |
