Arcola, IL vs Goodfield, IL
There is a significant gap in the cost of living between these two cities. Arcola is 19.9% cheaper than Goodfield. With a cost index of 69 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Arcola to Goodfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Arcola is $819/month compared to $1,107/month in Goodfield — a 26% difference. Home values follow the same pattern: Arcola is more affordable at $122,800 median vs $254,100.
Median household income in Arcola is $85,697 compared to $110,417 in Goodfield (-22.4%). While Goodfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arcola spend roughly 11.5% of their income on rent, less than the 12% in Goodfield.
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