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Arcola, IL vs Goodfield, IL

69
Arcola
Illinois
VS
-19.9%
86
Goodfield
Illinois

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.

Income & Cost

Cost of Living Index
Arcola
69
20% cheaper
Goodfield
86
Median Household Income
Arcola
$85,697
Goodfield
$110,417
22% higher

Housing

Median Rent
Arcola
$819
26% cheaper
Goodfield
$1,107
Median Home Value
Arcola
$122,800
52% cheaper
Goodfield
$254,100
Population
Arcola
2,867
Goodfield
986

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Arcola
Goodfield $2.85
US $3.07
🥚
Eggs (grade A, large)
Arcola
Goodfield $2.33
US $2.50
🥛
Milk (whole)
Arcola
Goodfield $3.75
US $4.03
🍞
Bread (white)
Arcola
Goodfield $1.72
US $1.85
🍗
Chicken breast
Arcola
Goodfield $3.86
US $4.14
Electricity
Arcola
Goodfield $0.17
US $0.19