Chenoa, IL vs Rest Haven, IL
There is a significant gap in the cost of living between these two cities. Chenoa is 27.3% cheaper than Rest Haven. With a cost index of 67 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chenoa to Rest Haven should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chenoa is $835/month compared to $1,341/month in Rest Haven — a 38% difference. Home values follow the same pattern: Chenoa is more affordable at $120,700 median vs $198,200.
Median household income in Chenoa is $66,625 compared to $67,639 in Rest Haven (-1.5%). Rest Haven does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Chenoa spend roughly 15% of their income on rent, less than the 23.8% in Rest Haven.
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