Aledo, IL vs Troy, IL

There is a significant gap in the cost of living between these two cities. Aledo is 22.4% cheaper than Troy. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Aledo to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Aledo is $770/month compared to $1,060/month in Troy — a 27% difference. Home values follow the same pattern: Aledo is more affordable at $140,000 median vs $240,800.

Median household income in Aledo is $62,829 compared to $97,825 in Troy (-35.8%). While Troy 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, more than the 13% in Troy.