Zip 47601 (Boonville, IN) Cost of Living


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United States / Indiana / Evansville Metro Area / Warrick County / No City / Boonville (zip 47601)
How much do I need to live in Boonville, Indiana?
$2,910 / month
for a family, 46.1% less expensive than the national average A total of $34,920 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Boonville cost of living score
87.8
Less expensive
12.2% lower
than the US average
4.9% higher
than the Indiana average
Boonville (zip 47601), Indiana gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 4.9% lower than the average for Indiana.

Zip 47601 (Boonville, IN)

Housing costs in Boonville?
A typical home costs $181,900, which is 46.2% less expensive than the national average of $338,100 and 17.9% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Boonville costs $890 per month, which is 37.8% cheaper than the national average of $1,430 and 10.1% cheaper than the state average of $980.

Can I afford Boonville?
To live comfortably in Boonville (zip 47601), Indiana, a minimum annual income of $34,920 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Boonville?
The cost of living in 47601 Boonville, IN is generally quite affordable. According to the most recent survey conducted by BestPlaces, the city's cost of living index is 77, which is significantly lower than the national average. This makes it an attractive option for those looking to save on expenses while enjoying the amenities and benefits provided by the county seat of Warrick County. Housing prices tend to be quite reasonable, with a median listing price that hovers around $120,000. The overall cost of food and consumer goods are also relatively low compared to other parts of the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBoonvilleIndianaUnited States
    Unlock83.7100.0
  91.8  Unlock100.0
    Unlock94.4100.0
  56.9  Unlock100.0
    Unlock$221,600$338,100
  103.2  Unlock100.0
    Unlock85.4100.0
  96.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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