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Byron, IL vs Herscher, IL

77
Byron
Illinois
VS
-5.7%
82
Herscher
Illinois

Byron is moderately more affordable than Herscher, with a 5.7% lower cost of living index. Byron scores 77 compared to 82 for Herscher, where the US average is 100. This difference means residents of Herscher can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Byron is $941/month compared to $1,093/month in Herscher — a 14% difference. Home values follow the same pattern: Byron is more affordable at $182,600 median vs $198,200.

Median household income in Byron is $78,235 compared to $100,833 in Herscher (-22.4%). While Herscher is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Byron spend roughly 14.4% of their income on rent, more than the 13% in Herscher.

Income & Cost

Cost of Living Index
Byron
77
6% cheaper
Herscher
82
Median Household Income
Byron
$78,235
Herscher
$100,833
22% higher

Housing

Median Rent
Byron
$941
14% cheaper
Herscher
$1,093
Median Home Value
Byron
$182,600
8% cheaper
Herscher
$198,200
Population
Byron
3,742
Herscher
1,302

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Byron
Herscher $2.85
US $3.07
🥚
Eggs (grade A, large)
Byron
Herscher $2.33
US $2.50
🥛
Milk (whole)
Byron
Herscher $3.75
US $4.03
🍞
Bread (white)
Byron
Herscher $1.72
US $1.85
🍗
Chicken breast
Byron
Herscher $3.86
US $4.14
Electricity
Byron
Herscher $0.16
US $0.19