Chenoa, IL vs New Haven, IL

There is a significant gap in the cost of living between these two cities. New Haven is 29.7% cheaper than Chenoa. With a cost index of 52 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Haven to Chenoa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chenoa is $835/month compared to $471/month in New Haven — a 77% difference. Home values follow the same pattern: New Haven is more affordable at $50,400 median vs $120,700.

Median household income in Chenoa is $66,625 compared to $33,977 in New Haven (+96.1%). 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 16.6% in New Haven.