Broadwell, IL vs Fairmount, IL

Broadwell, IL and Fairmount, IL have a very similar cost of living, with only a 2.5% difference in their overall index. Broadwell scores 62 while Fairmount scores 64 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 Broadwell is $735/month compared to $735/month in Fairmount — a 0% difference. Home values follow the same pattern: Fairmount is more affordable at $95,900 median vs $99,100.

Median household income in Broadwell is $54,167 compared to $63,393 in Fairmount (-14.6%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broadwell spend roughly 16.3% of their income on rent, more than the 13.9% in Fairmount.