Colfax, IL vs East Gillespie, IL
Colfax, IL and East Gillespie, IL have a very similar cost of living, with only a 1.2% difference in their overall index. Colfax scores 68 while East Gillespie scores 69 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 Colfax is $850/month compared to $840/month in East Gillespie — a 1% difference. Interestingly, home values tell a different story: while East Gillespie has cheaper rent, Colfax actually has lower median home values ($123,000 vs $125,000).
Median household income in Colfax is $71,528 compared to $64,167 in East Gillespie (+11.5%). Colfax offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colfax spend roughly 14.3% of their income on rent, less than the 15.7% in East Gillespie.
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