Colfax, IL vs Heyworth, IL

Colfax is moderately more affordable than Heyworth, with a 14.3% lower cost of living index. Colfax scores 68 compared to 79 for Heyworth, where the US average is 100. This difference means residents of Heyworth can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colfax is $850/month compared to $1,026/month in Heyworth — a 17% difference. Home values follow the same pattern: Colfax is more affordable at $123,000 median vs $196,200.

Median household income in Colfax is $71,528 compared to $90,556 in Heyworth (-21%). While Heyworth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colfax spend roughly 14.3% of their income on rent, more than the 13.6% in Heyworth.