Baylis, IL vs Loraine, IL

There is a significant gap in the cost of living between these two cities. Baylis is 20% cheaper than Loraine. With a cost index of 48 vs 60, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baylis to Loraine should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baylis is $381/month compared to $629/month in Loraine — a 39% difference. Home values follow the same pattern: Baylis is more affordable at $33,800 median vs $88,100.

Median household income in Baylis is $43,438 compared to $56,855 in Loraine (-23.6%). While Loraine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baylis spend roughly 10.5% of their income on rent, less than the 13.3% in Loraine.