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Bowen, IL vs Moweaqua, IL

56
Bowen
Illinois
VS
-15.7%
67
Moweaqua
Illinois

There is a significant gap in the cost of living between these two cities. Bowen is 15.7% cheaper than Moweaqua. With a cost index of 56 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bowen to Moweaqua should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bowen is $539/month compared to $895/month in Moweaqua — a 40% difference. Home values follow the same pattern: Bowen is more affordable at $74,400 median vs $110,400.

Median household income in Bowen is $70,263 compared to $71,364 in Moweaqua (-1.5%). Moweaqua does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bowen spend roughly 9.2% of their income on rent, less than the 15% in Moweaqua.

Income & Cost

Cost of Living Index
Bowen
56
16% cheaper
Moweaqua
67
Median Household Income
Bowen
$70,263
Moweaqua
$71,364
2% higher

Housing

Median Rent
Bowen
$539
40% cheaper
Moweaqua
$895
Median Home Value
Bowen
$74,400
33% cheaper
Moweaqua
$110,400
Population
Bowen
710
Moweaqua
2,093

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bowen
Moweaqua $2.85
US $3.07
🥚
Eggs (grade A, large)
Bowen
Moweaqua $2.33
US $2.50
🥛
Milk (whole)
Bowen
Moweaqua $3.75
US $4.03
🍞
Bread (white)
Bowen
Moweaqua $1.72
US $1.85
🍗
Chicken breast
Bowen
Moweaqua $3.86
US $4.14
Electricity
Bowen
Moweaqua $0.17
US $0.19