Albion, IL vs Grafton, IL

Albion is moderately more affordable than Grafton, with a 9.7% lower cost of living index. Albion scores 66 compared to 73 for Grafton, where the US average is 100. This difference means residents of Grafton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albion is $808/month compared to $617/month in Grafton — a 31% difference. Interestingly, home values tell a different story: while Grafton has cheaper rent, Albion actually has lower median home values ($93,000 vs $254,700).

Median household income in Albion is $56,172 compared to $93,250 in Grafton (-39.8%). While Grafton 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 7.9% in Grafton.