Albion, IL vs Lost Nation, IL
There is a significant gap in the cost of living between these two cities. Albion is 28.3% cheaper than Lost Nation. With a cost index of 66 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albion to Lost Nation should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Albion are $93,000 compared to $220,600 in Lost Nation, a 58% gap.
Median household income in Albion is $56,172 compared to $106,419 in Lost Nation (-47.2%). While Lost Nation is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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What does your salary in one city buy you in the other?