Bath, IL vs Shipman, IL
Bath, IL and Shipman, IL have a very similar cost of living, with only a 4.8% difference in their overall index. Bath scores 62 while Shipman scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Bath is $750/month compared to $788/month in Shipman — a 5% difference. Home values follow the same pattern: Bath is more affordable at $63,900 median vs $92,500.
Median household income in Bath is $37,188 compared to $62,500 in Shipman (-40.5%). While Shipman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bath spend roughly 24.2% of their income on rent, more than the 15.1% in Shipman.
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