Bethalto, IL vs Cherry Valley, IL

Bethalto, IL and Cherry Valley, IL have a very similar cost of living, with only a 4.3% difference in their overall index. Bethalto scores 73 while Cherry Valley scores 76 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 Bethalto is $879/month compared to $871/month in Cherry Valley — a 1% difference. Interestingly, home values tell a different story: while Cherry Valley has cheaper rent, Bethalto actually has lower median home values ($158,600 vs $222,400).

Median household income in Bethalto is $66,469 compared to $74,766 in Cherry Valley (-11.1%). While Cherry Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bethalto spend roughly 15.9% of their income on rent, more than the 14% in Cherry Valley.