Albion, IL vs Beardstown, IL

Albion, IL and Beardstown, IL have a very similar cost of living, with only a 3.4% difference in their overall index. Albion scores 66 while Beardstown scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albion is $808/month compared to $769/month in Beardstown — a 5% difference. Home values follow the same pattern: Beardstown is more affordable at $80,800 median vs $93,000.

Median household income in Albion is $56,172 compared to $58,765 in Beardstown (-4.4%). Beardstown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albion spend roughly 17.3% of their income on rent, more than the 15.7% in Beardstown.