Bethany, IL vs Cornell, IL

Bethany, IL and Cornell, IL have a very similar cost of living, with only a 4.2% difference in their overall index. Bethany scores 64 while Cornell scores 67 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 Bethany is $838/month compared to $871/month in Cornell — a 4% difference. Interestingly, home values tell a different story: while Bethany has cheaper rent, Cornell actually has lower median home values ($83,800 vs $101,700).

Median household income in Bethany is $50,139 compared to $64,286 in Cornell (-22%). While Cornell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bethany spend roughly 20.1% of their income on rent, more than the 16.3% in Cornell.