Belgium, IL vs Colfax, IL

Belgium, IL and Colfax, IL have a very similar cost of living, with only a 4.5% difference in their overall index. Belgium scores 65 while Colfax scores 68 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 Belgium is $831/month compared to $850/month in Colfax — a 2% difference. Home values follow the same pattern: Belgium is more affordable at $75,900 median vs $123,000.

Median household income in Belgium is $61,591 compared to $71,528 in Colfax (-13.9%). While Colfax is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belgium spend roughly 16.2% of their income on rent, more than the 14.3% in Colfax.