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Colchester, IL vs Virden, IL

65
Colchester
Illinois
VS
+0.1%
65
Virden
Illinois

Colchester, IL and Virden, IL have a very similar cost of living, with only a 0.1% difference in their overall index. Colchester scores 65 while Virden scores 65 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 Colchester is $808/month compared to $785/month in Virden — a 3% difference. Interestingly, home values tell a different story: while Virden has cheaper rent, Colchester actually has lower median home values ($86,500 vs $98,800).

Median household income in Colchester is $62,500 compared to $78,750 in Virden (-20.6%). Virden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colchester spend roughly 15.5% of their income on rent, more than the 12% in Virden.

Income & Cost

Cost of Living Index
Colchester
65
Virden
65
Median Household Income
Colchester
$62,500
Virden
$78,750
21% higher

Housing

Median Rent
Colchester
$808
Virden
$785
3% cheaper
Median Home Value
Colchester
$86,500
12% cheaper
Virden
$98,800
Population
Colchester
1,057
Virden
3,165

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Colchester
Virden $3.03
US $3.07
🥚
Eggs (grade A, large)
Colchester
Virden $2.47
US $2.50
🥛
Milk (whole)
Colchester
Virden $3.97
US $4.03
🍞
Bread (white)
Colchester
Virden $1.83
US $1.85
🍗
Chicken breast
Colchester
Virden $4.09
US $4.14
Electricity
Colchester
Virden $0.15
US $0.19