Chenoa, IL vs Palmyra, IL

Palmyra is moderately more affordable than Chenoa, with a 11.2% lower cost of living index. Chenoa scores 67 compared to 61 for Palmyra, where the US average is 100. This difference means residents of Chenoa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chenoa is $835/month compared to $670/month in Palmyra — a 25% difference. Home values follow the same pattern: Palmyra is more affordable at $86,400 median vs $120,700.

Median household income in Chenoa is $66,625 compared to $46,477 in Palmyra (+43.4%). 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 17.3% in Palmyra.