Colfax, IL vs McLeansboro, IL
There is a significant gap in the cost of living between these two cities. McLeansboro is 21.3% cheaper than Colfax. With a cost index of 56 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McLeansboro to Colfax should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colfax is $850/month compared to $548/month in McLeansboro — a 55% difference. Home values follow the same pattern: McLeansboro is more affordable at $72,200 median vs $123,000.
Median household income in Colfax is $71,528 compared to $46,589 in McLeansboro (+53.5%). While Colfax 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 14.1% in McLeansboro.
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