Chenoa, IL vs Peotone, IL

There is a significant gap in the cost of living between these two cities. Chenoa is 25.6% cheaper than Peotone. With a cost index of 67 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chenoa to Peotone should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chenoa is $835/month compared to $1,102/month in Peotone — a 24% difference. Home values follow the same pattern: Chenoa is more affordable at $120,700 median vs $261,400.

Median household income in Chenoa is $66,625 compared to $104,792 in Peotone (-36.4%). While Peotone 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, more than the 12.6% in Peotone.