Colfax, IL vs Lena, IL

Colfax, IL and Lena, IL have a very similar cost of living, with only a 3.4% difference in their overall index. Colfax scores 68 while Lena scores 66 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 $647/month in Lena — a 31% difference. Interestingly, home values tell a different story: while Lena has cheaper rent, Colfax actually has lower median home values ($123,000 vs $154,000).

Median household income in Colfax is $71,528 compared to $76,076 in Lena (-6%). Lena 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, more than the 10.2% in Lena.