Bellwood, IL vs Volo, IL

There is a significant gap in the cost of living between these two cities. Bellwood is 28.7% cheaper than Volo. With a cost index of 91 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bellwood to Volo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bellwood is $1,221/month compared to $2,229/month in Volo — a 45% difference. Home values follow the same pattern: Bellwood is more affordable at $219,600 median vs $293,800.

Median household income in Bellwood is $76,990 compared to $145,906 in Volo (-47.2%). While Volo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bellwood spend roughly 19% of their income on rent, more than the 18.3% in Volo.