Ashley, IL vs New Grand Chain, IL

There is a significant gap in the cost of living between these two cities. New Grand Chain is 20.7% cheaper than Ashley. With a cost index of 49 vs 59, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Grand Chain to Ashley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ashley is $660/month compared to $494/month in New Grand Chain — a 34% difference. Home values follow the same pattern: New Grand Chain is more affordable at $52,500 median vs $70,700.

Median household income in Ashley is $47,031 compared to $31,250 in New Grand Chain (+50.5%). While Ashley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ashley spend roughly 16.8% of their income on rent, less than the 19% in New Grand Chain.