Bowen, IL vs Raleigh, IL

Bowen is moderately more affordable than Raleigh, with a 6.4% lower cost of living index. Bowen scores 56 compared to 60 for Raleigh, where the US average is 100. This difference means residents of Raleigh can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bowen is $539/month compared to $675/month in Raleigh — a 20% difference. Interestingly, home values tell a different story: while Bowen has cheaper rent, Raleigh actually has lower median home values ($70,600 vs $74,400).

Median household income in Bowen is $70,263 compared to $52,083 in Raleigh (+34.9%). Bowen offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bowen spend roughly 9.2% of their income on rent, less than the 15.6% in Raleigh.