Broughton, IL vs Thayer, IL
There is a significant gap in the cost of living between these two cities. Broughton is 16.5% cheaper than Thayer. With a cost index of 56 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Broughton to Thayer should plan for substantially higher expenses across most categories.
On the housing front, median rent in Broughton is $625/month compared to $919/month in Thayer — a 32% difference. Home values follow the same pattern: Broughton is more affordable at $38,800 median vs $87,300.
Median household income in Broughton is $52,500 compared to $63,125 in Thayer (-16.8%). While Thayer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broughton spend roughly 14.3% of their income on rent, less than the 17.5% in Thayer.
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