Arenzville, IL vs Spaulding, IL

Arenzville, IL and Spaulding, IL have a very similar cost of living, with only a 3.6% difference in their overall index. Arenzville scores 68 while Spaulding scores 70 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 Arenzville is $825/month compared to $692/month in Spaulding — a 19% difference. Interestingly, home values tell a different story: while Spaulding has cheaper rent, Arenzville actually has lower median home values ($109,900 vs $212,500).

Median household income in Arenzville is $82,188 compared to $104,205 in Spaulding (-21.1%). While Spaulding is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Arenzville spend roughly 12% of their income on rent, more than the 8% in Spaulding.