Alhambra, IL vs Steeleville, IL

Alhambra, IL and Steeleville, IL have a very similar cost of living, with only a 0% difference in their overall index. Alhambra scores 70 while Steeleville scores 70 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 $775/month in Steeleville — a 2% difference. Interestingly, home values tell a different story: while Steeleville has cheaper rent, Alhambra actually has lower median home values ($154,300 vs $155,100).

Median household income in Alhambra is $68,500 compared to $60,982 in Steeleville (+12.3%). Alhambra offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alhambra spend roughly 13.8% of their income on rent, less than the 15.3% in Steeleville.