Beardstown, IL vs Godfrey, IL
There is a significant gap in the cost of living between these two cities. Beardstown is 22.3% cheaper than Godfrey. With a cost index of 64 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beardstown to Godfrey should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beardstown is $769/month compared to $1,111/month in Godfrey — a 31% difference. Home values follow the same pattern: Beardstown is more affordable at $80,800 median vs $181,400.
Median household income in Beardstown is $58,765 compared to $92,746 in Godfrey (-36.6%). While Godfrey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beardstown spend roughly 15.7% of their income on rent, more than the 14.4% in Godfrey.
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