Chestnut, IL vs Flanagan, IL
There is a significant gap in the cost of living between these two cities. Flanagan is 25.6% cheaper than Chestnut. With a cost index of 68 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Flanagan to Chestnut should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Chestnut are $137,800 compared to $103,900 in Flanagan, a 33% gap.
Median household income in Chestnut is $51,875 compared to $75,104 in Flanagan (-30.9%). Flanagan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
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