Chenoa, IL vs Fairfield, IL
There is a significant gap in the cost of living between these two cities. Fairfield is 16.2% cheaper than Chenoa. With a cost index of 58 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairfield to Chenoa should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chenoa is $835/month compared to $558/month in Fairfield — a 50% difference. Home values follow the same pattern: Fairfield is more affordable at $91,800 median vs $120,700.
Median household income in Chenoa is $66,625 compared to $41,026 in Fairfield (+62.4%). While Chenoa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chenoa spend roughly 15% of their income on rent, less than the 16.3% in Fairfield.
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