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Colchester, IL vs Flat Rock, IL

65
Colchester
Illinois
VS
-16.7%
78
Flat Rock
Illinois

There is a significant gap in the cost of living between these two cities. Colchester is 16.7% cheaper than Flat Rock. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colchester to Flat Rock should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Colchester are $86,500 compared to $56,700 in Flat Rock, a 53% gap.

Median household income in Colchester is $62,500 compared to $49,881 in Flat Rock (+25.3%). Colchester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Colchester
65
17% cheaper
Flat Rock
78
Median Household Income
Colchester
$62,500
20% higher
Flat Rock
$49,881

Housing

Median Rent
Colchester
$808
Flat Rock
Median Home Value
Colchester
$86,500
Flat Rock
$56,700
34% cheaper
Population
Colchester
1,057
Flat Rock
362

Salary Equivalency Calculator

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