Bonfield, IL vs St. Elmo, IL
There is a significant gap in the cost of living between these two cities. St. Elmo is 15.5% cheaper than Bonfield. With a cost index of 63 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Elmo to Bonfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bonfield is $825/month compared to $759/month in St. Elmo — a 9% difference. Home values follow the same pattern: St. Elmo is more affordable at $80,300 median vs $190,800.
Median household income in Bonfield is $86,667 compared to $47,115 in St. Elmo (+83.9%). While Bonfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bonfield spend roughly 11.4% of their income on rent, less than the 19.3% in St. Elmo.
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