Carlyle, IL vs Olney, IL

There is a significant gap in the cost of living between these two cities. Olney is 19.6% cheaper than Carlyle. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Olney to Carlyle should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carlyle is $1,051/month compared to $769/month in Olney — a 37% difference. Home values follow the same pattern: Olney is more affordable at $96,900 median vs $151,900.

Median household income in Carlyle is $67,083 compared to $57,997 in Olney (+15.7%). The higher salaries in Carlyle partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carlyle spend roughly 18.8% of their income on rent, more than the 15.9% in Olney.