Cedarville, IL vs Raleigh, IL
Cedarville, IL and Raleigh, IL have a very similar cost of living, with only a 1.2% difference in their overall index. Cedarville scores 59 while Raleigh scores 60 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 $675/month in Raleigh — a 19% difference. Interestingly, home values tell a different story: while Cedarville has cheaper rent, Raleigh actually has lower median home values ($70,600 vs $110,600).
Median household income in Cedarville is $59,712 compared to $52,083 in Raleigh (+14.6%). Cedarville 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, less than the 15.6% in Raleigh.
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