Ashland, IL vs El Paso, IL
There is a significant gap in the cost of living between these two cities. Ashland is 15.3% cheaper than El Paso. With a cost index of 60 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ashland to El Paso should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ashland is $575/month compared to $892/month in El Paso — a 36% difference. Home values follow the same pattern: Ashland is more affordable at $104,000 median vs $149,200.
Median household income in Ashland is $62,417 compared to $70,063 in El Paso (-10.9%). The higher salaries in El Paso partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ashland spend roughly 11.1% of their income on rent, less than the 15.3% in El Paso.
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