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Arcola, IL vs Thomasboro, IL

69
Arcola
Illinois
VS
+5.9%
65
Thomasboro
Illinois

Thomasboro is moderately more affordable than Arcola, with a 5.9% lower cost of living index. Arcola scores 69 compared to 65 for Thomasboro, where the US average is 100. This difference means residents of Arcola 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 $790/month in Thomasboro — a 4% difference. Home values follow the same pattern: Thomasboro is more affordable at $109,400 median vs $122,800.

Median household income in Arcola is $85,697 compared to $65,000 in Thomasboro (+31.8%). While Arcola 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 14.6% in Thomasboro.

Income & Cost

Cost of Living Index
Arcola
69
Thomasboro
65
6% cheaper
Median Household Income
Arcola
$85,697
24% higher
Thomasboro
$65,000

Housing

Median Rent
Arcola
$819
Thomasboro
$790
4% cheaper
Median Home Value
Arcola
$122,800
Thomasboro
$109,400
11% cheaper
Population
Arcola
2,867
Thomasboro
966

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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