Boone County, IN Cost of Living


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How much do I need to live in Boone, Indiana?
$5,940 / month
for a family, 10.0% more expensive than the national average A total of $71,280 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Boone cost of living score
100.9
More expensive
0.9% higher
than the US average
20.5% higher
than the Indiana average
Boone Indi County, Indiana gets a BestPlaces Cost of Living score of 100.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.9% higher than the U.S. average and 20.5% higher than the average for Indiana.

Boone County, IN

Housing costs in Boone?
A typical home costs $372,200, which is 10.1% more expensive than the national average of $338,100 and 68.0% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Boone costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 8.4% more than the state average of $980.

Can I afford Boone?
To live comfortably in Boone Indi County, Indiana, a minimum annual income of $71,280 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Boone?
Boone, IN County is a great place to live and work with its low cost of living. The cost of living in Boone, IN County is 100.9, which is just slightly above the national average (100). This makes it a very affordable place to live compared to other places in the US. The median house value in Boone, IN County is $372,200, which is significantly higher than the US average of $338,100. Despite the higher house values, Boone still remains an affordable area to live and work as its cost of living is only slightly above the national average.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBooneIndianaUnited States
    Unlock83.7100.0
  96.8  Unlock100.0
    Unlock94.4100.0
  104.5  Unlock100.0
    Unlock$221,600$338,100
  96.9  Unlock100.0
    Unlock85.4100.0
  115.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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