Aledo, IL vs Phoenix, IL

Aledo is moderately more affordable than Phoenix, with a 10.2% lower cost of living index. Aledo scores 66 compared to 74 for Phoenix, where the US average is 100. This difference means residents of Phoenix can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Aledo is $770/month compared to $1,010/month in Phoenix — a 24% difference. Interestingly, home values tell a different story: while Aledo has cheaper rent, Phoenix actually has lower median home values ($86,300 vs $140,000).

Median household income in Aledo is $62,829 compared to $25,703 in Phoenix (+144.4%). Aledo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Aledo spend roughly 14.7% of their income on rent, less than the 47.2% in Phoenix. The Aledo ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.