Chebanse, IL vs Towanda, IL

Chebanse, IL and Towanda, IL have a very similar cost of living, with only a 1.3% difference in their overall index. Chebanse scores 75 while Towanda scores 74 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 Chebanse is $995/month compared to $942/month in Towanda — a 6% difference. Interestingly, home values tell a different story: while Towanda has cheaper rent, Chebanse actually has lower median home values ($149,300 vs $158,200).

Median household income in Chebanse is $76,190 compared to $78,611 in Towanda (-3.1%). Towanda offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chebanse spend roughly 15.7% of their income on rent, more than the 14.4% in Towanda.