Cost of Living in Boonville, MO

Population 7,682 · Missouri · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Boonville sits on the smaller end of the Missouri city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Boonville sits roughly 25 miles west of Columbia. Median home values run roughly 35% lower than Columbia's $268,000.

Cost Overview

Housing 57
Rent 58

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Boonville

The median home value in Boonville is $173,400 — 43% below the national median of $305,000. Median rent runs $759/month, 42% lower than the national median of $1,314/month. The median household income of $51,321/year is 31% lower than the US median of $74,580. The local unemployment rate is 5.7%, above the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Boonville has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$173,400
43% below avg
Zillow Home Value
$234,276
Zillow ZHVI
Median Rent
$759/mo
42% below avg
Price-to-Rent Ratio
19.0x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 67.8%
Renter-occupied 32.1%

💰 Estimated Monthly Budget

Rent median rent
$759
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,373/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.3 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.0%

Commute Mode

Drove alone
79.0%
Carpooled
13.5%
Walked
1.9%
Bicycle
0.3%
Work from home
3.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$51,321
31% below avg
Per Capita Income
$24,342
Unemployment Rate
5.7%
19% above avg
Poverty Rate
12.4%
Labor Force Participation
50.1%

🎓 Education

Bachelor's degree+ 13.5%
Graduate degree 9.0%

👥 Demographics

Median Age 38.5
Male median age 37.2
Female median age 39.6

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
12.3:1
Student-teacher ratio
5
Public schools
1,591
Total enrollment

Frequently Asked Questions

What is the cost of living in Boonville, MO?

Boonville has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Boonville, MO?

The median gross rent in Boonville is $759 per month based on 2023 Census data.

What is the average home price in Boonville?

The median home value in Boonville is $173,400 according to Zillow and Census data.

What is the median income in Boonville?

The median household income in Boonville is $51,321 per year (2023 ACS 5-year estimates).

What is the sales tax in Boonville, MO?

The combined state and local sales tax rate in Boonville is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Boonville, MO affordable?

Yes, Boonville is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

Boonville at a Glance

Population
7,682
Median Income
$51,321
Home Value
$173,400
Median Rent
$759/mo
Unemployment
5.7%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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