Coffeen, IL vs Magnolia, IL

Coffeen, IL and Magnolia, IL have a very similar cost of living, with only a 0.9% difference in their overall index. Coffeen scores 62 while Magnolia scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Coffeen is $796/month compared to $641/month in Magnolia — a 24% difference. Interestingly, home values tell a different story: while Magnolia has cheaper rent, Coffeen actually has lower median home values ($57,300 vs $134,300).

Median household income in Coffeen is $63,125 compared to $74,500 in Magnolia (-15.3%). Magnolia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Coffeen spend roughly 15.1% of their income on rent, more than the 10.3% in Magnolia.