Beaverville, IL vs Danvers, IL
There is a significant gap in the cost of living between these two cities. Beaverville is 22.4% cheaper than Danvers. With a cost index of 62 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beaverville to Danvers should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beaverville is $675/month compared to $1,147/month in Danvers — a 41% difference. Home values follow the same pattern: Beaverville is more affordable at $95,900 median vs $156,500.
Median household income in Beaverville is $51,250 compared to $66,964 in Danvers (-23.5%). While Danvers is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaverville spend roughly 15.8% of their income on rent, less than the 20.6% in Danvers.
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