Broughton, IL vs New Boston, IL
Broughton, IL and New Boston, IL have a very similar cost of living, with only a 3% difference in their overall index. Broughton scores 56 while New Boston scores 54 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 Broughton is $625/month compared to $483/month in New Boston — a 29% difference. Interestingly, home values tell a different story: while New Boston has cheaper rent, Broughton actually has lower median home values ($38,800 vs $100,700).
Median household income in Broughton is $52,500 compared to $61,563 in New Boston (-14.7%). New Boston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Broughton spend roughly 14.3% of their income on rent, more than the 9.4% in New Boston.
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