Baldwin, IL vs Oquawka, IL
There is a significant gap in the cost of living between these two cities. Oquawka is 18.5% cheaper than Baldwin. With a cost index of 56 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oquawka to Baldwin should plan for substantially higher expenses across most categories.
On the housing front, median rent in Baldwin is $838/month compared to $492/month in Oquawka — a 70% difference. Interestingly, home values tell a different story: while Oquawka has cheaper rent, Baldwin actually has lower median home values ($85,000 vs $87,200).
Median household income in Baldwin is $50,000 compared to $51,477 in Oquawka (-2.9%). Oquawka offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Baldwin spend roughly 20.1% of their income on rent, more than the 11.5% in Oquawka.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?