Beaverville, IL vs Essex, IL

There is a significant gap in the cost of living between these two cities. Beaverville is 27.2% cheaper than Essex. With a cost index of 62 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beaverville to Essex 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 Essex — a 41% difference. Home values follow the same pattern: Beaverville is more affordable at $95,900 median vs $219,000.

Median household income in Beaverville is $51,250 compared to $101,094 in Essex (-49.3%). While Essex 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, more than the 13.6% in Essex.