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Arcola, IL vs Chebanse, IL

69
Arcola
Illinois
VS
-8.4%
75
Chebanse
Illinois

Arcola is moderately more affordable than Chebanse, with a 8.4% lower cost of living index. Arcola scores 69 compared to 75 for Chebanse, where the US average is 100. This difference means residents of Chebanse can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Arcola is $819/month compared to $995/month in Chebanse — a 18% difference. Home values follow the same pattern: Arcola is more affordable at $122,800 median vs $149,300.

Median household income in Arcola is $85,697 compared to $76,190 in Chebanse (+12.5%). Arcola offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Arcola spend roughly 11.5% of their income on rent, less than the 15.7% in Chebanse.

Income & Cost

Cost of Living Index
Arcola
69
8% cheaper
Chebanse
75
Median Household Income
Arcola
$85,697
11% higher
Chebanse
$76,190

Housing

Median Rent
Arcola
$819
18% cheaper
Chebanse
$995
Median Home Value
Arcola
$122,800
18% cheaper
Chebanse
$149,300
Population
Arcola
2,867
Chebanse
1,033

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Arcola
Chebanse $2.85
US $3.07
🥚
Eggs (grade A, large)
Arcola
Chebanse $2.33
US $2.50
🥛
Milk (whole)
Arcola
Chebanse $3.75
US $4.03
🍞
Bread (white)
Arcola
Chebanse $1.72
US $1.85
🍗
Chicken breast
Arcola
Chebanse $3.86
US $4.14
Electricity
Arcola
Chebanse $0.16
US $0.19