Canton, IL vs Urbana, IL
Canton is moderately more affordable than Urbana, with a 11.6% lower cost of living index. Canton scores 67 compared to 76 for Urbana, where the US average is 100. This difference means residents of Urbana can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Canton is $814/month compared to $951/month in Urbana — a 14% difference. Home values follow the same pattern: Canton is more affordable at $106,900 median vs $186,300.
Median household income in Canton is $54,881 compared to $45,854 in Urbana (+19.7%). Canton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Canton spend roughly 17.8% of their income on rent, less than the 24.9% in Urbana.
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