Baldwin, IL vs Goodfield, IL

There is a significant gap in the cost of living between these two cities. Baldwin is 22.8% cheaper than Goodfield. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baldwin to Goodfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baldwin is $838/month compared to $1,107/month in Goodfield — a 24% difference. Home values follow the same pattern: Baldwin is more affordable at $85,000 median vs $254,100.

Median household income in Baldwin is $50,000 compared to $110,417 in Goodfield (-54.7%). While Goodfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baldwin spend roughly 20.1% of their income on rent, more than the 12% in Goodfield.