Chatham, IL vs Coal City, IL
Chatham, IL and Coal City, IL have a very similar cost of living, with only a 0.4% difference in their overall index. Chatham scores 86 while Coal City scores 85 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 Chatham is $1,157/month compared to $1,064/month in Coal City — a 9% difference. Home values follow the same pattern: Coal City is more affordable at $211,600 median vs $231,900.
Median household income in Chatham is $106,030 compared to $73,030 in Coal City (+45.2%). While Chatham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chatham spend roughly 13.1% of their income on rent, less than the 17.5% in Coal City.
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