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Carrier Mills, IL vs Valier, IL

54
Carrier Mills
Illinois
VS
-25.5%
73
Valier
Illinois

There is a significant gap in the cost of living between these two cities. Carrier Mills is 25.5% cheaper than Valier. With a cost index of 54 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrier Mills to Valier should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrier Mills is $525/month compared to $1,100/month in Valier — a 52% difference. Home values follow the same pattern: Carrier Mills is more affordable at $57,300 median vs $70,400.

Median household income in Carrier Mills is $50,269 compared to $41,288 in Valier (+21.8%). Carrier Mills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carrier Mills spend roughly 12.5% of their income on rent, less than the 32% in Valier. The Carrier Mills ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Carrier Mills
54
25% cheaper
Valier
73
Median Household Income
Carrier Mills
$50,269
18% higher
Valier
$41,288

Housing

Median Rent
Carrier Mills
$525
52% cheaper
Valier
$1,100
Median Home Value
Carrier Mills
$57,300
19% cheaper
Valier
$70,400
Population
Carrier Mills
1,702
Valier
596

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