Braidwood, IL vs Godfrey, IL

Braidwood, IL and Godfrey, IL have a very similar cost of living, with only a 4.9% difference in their overall index. Braidwood scores 86 while Godfrey scores 82 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 Braidwood is $1,089/month compared to $1,111/month in Godfrey — a 2% difference. Interestingly, home values tell a different story: while Braidwood has cheaper rent, Godfrey actually has lower median home values ($181,400 vs $205,900).

Median household income in Braidwood is $83,365 compared to $92,746 in Godfrey (-10.1%). Godfrey offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Braidwood spend roughly 15.7% of their income on rent, more than the 14.4% in Godfrey.