Alhambra, IL vs Iroquois, IL
Alhambra, IL and Iroquois, IL have a very similar cost of living, with only a 3.9% difference in their overall index. Alhambra scores 70 while Iroquois scores 67 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 Alhambra is $788/month compared to $850/month in Iroquois — a 7% difference. Interestingly, home values tell a different story: while Alhambra has cheaper rent, Iroquois actually has lower median home values ($95,200 vs $154,300).
Median household income in Alhambra is $68,500 compared to $54,500 in Iroquois (+25.7%). While Alhambra is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alhambra spend roughly 13.8% of their income on rent, less than the 18.7% in Iroquois.
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