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Albion, IL vs Braidwood, IL

66
Albion
Illinois
VS
-23.4%
86
Braidwood
Illinois

There is a significant gap in the cost of living between these two cities. Albion is 23.4% cheaper than Braidwood. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albion to Braidwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albion is $808/month compared to $1,089/month in Braidwood — a 26% difference. Home values follow the same pattern: Albion is more affordable at $93,000 median vs $205,900.

Median household income in Albion is $56,172 compared to $83,365 in Braidwood (-32.6%). While Braidwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albion spend roughly 17.3% of their income on rent, more than the 15.7% in Braidwood.

Income & Cost

Cost of Living Index
Albion
66
23% cheaper
Braidwood
86
Median Household Income
Albion
$56,172
Braidwood
$83,365
33% higher

Housing

Median Rent
Albion
$808
26% cheaper
Braidwood
$1,089
Median Home Value
Albion
$93,000
55% cheaper
Braidwood
$205,900
Population
Albion
2,107
Braidwood
6,175

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Albion
Braidwood $3.20
US $3.07
🥚
Eggs (grade A, large)
Albion
Braidwood $2.61
US $2.50
🥛
Milk (whole)
Albion
Braidwood $4.20
US $4.03
🍞
Bread (white)
Albion
Braidwood $1.93
US $1.85
🍗
Chicken breast
Albion
Braidwood $4.32
US $4.14
Electricity
Albion
Braidwood $0.15
US $0.19