Arcola, IL vs Washburn, IL

Arcola, IL and Washburn, IL have a very similar cost of living, with only a 4.1% difference in their overall index. Arcola scores 69 while Washburn scores 66 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 Arcola is $819/month compared to $900/month in Washburn — a 9% difference. Interestingly, home values tell a different story: while Arcola has cheaper rent, Washburn actually has lower median home values ($90,700 vs $122,800).

Median household income in Arcola is $85,697 compared to $79,306 in Washburn (+8.1%). 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 13.6% in Washburn.