Arrowsmith, IL vs Old Mill Creek, IL

The cost of living difference between Arrowsmith, IL and Old Mill Creek, IL is dramatic. Arrowsmith is 43.3% cheaper than Old Mill Creek, a gap that translates to thousands of dollars per year in household expenses. Arrowsmith has a cost index of 72 while Old Mill Creek sits at 127, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Arrowsmith is $1,042/month compared to $1,596/month in Old Mill Creek — a 35% difference. Home values follow the same pattern: Arrowsmith is more affordable at $101,200 median vs $525,000.

Median household income in Arrowsmith is $85,592 compared to $71,875 in Old Mill Creek (+19.1%). Arrowsmith offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Arrowsmith spend roughly 14.6% of their income on rent, less than the 26.6% in Old Mill Creek.