Bowen, IL vs Lexington, IL

There is a significant gap in the cost of living between these two cities. Bowen is 18.3% cheaper than Lexington. With a cost index of 56 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bowen to Lexington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bowen is $539/month compared to $734/month in Lexington — a 27% difference. Home values follow the same pattern: Bowen is more affordable at $74,400 median vs $171,600.

Median household income in Bowen is $70,263 compared to $98,676 in Lexington (-28.8%). While Lexington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bowen spend roughly 9.2% of their income on rent, more than the 8.9% in Lexington.