Cedarville, IL vs Farmer City, IL

Cedarville, IL and Farmer City, IL have a very similar cost of living, with only a 2.9% difference in their overall index. Cedarville scores 59 while Farmer City scores 57 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cedarville is $544/month compared to $500/month in Farmer City — a 9% difference. Interestingly, home values tell a different story: while Farmer City has cheaper rent, Cedarville actually has lower median home values ($110,600 vs $128,900).

Median household income in Cedarville is $59,712 compared to $73,147 in Farmer City (-18.4%). Farmer City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cedarville spend roughly 10.9% of their income on rent, more than the 8.2% in Farmer City.