Aledo, IL vs Bethany, IL
Aledo, IL and Bethany, IL have a very similar cost of living, with only a 3.1% difference in their overall index. Aledo scores 66 while Bethany 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 Aledo is $770/month compared to $838/month in Bethany — a 8% difference. Interestingly, home values tell a different story: while Aledo has cheaper rent, Bethany actually has lower median home values ($101,700 vs $140,000).
Median household income in Aledo is $62,829 compared to $50,139 in Bethany (+25.3%). While Aledo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Aledo spend roughly 14.7% of their income on rent, less than the 20.1% in Bethany.
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