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Cordova, IL vs Magnolia, IL

75
Cordova
Illinois
VS
+21.4%
62
Magnolia
Illinois

There is a significant gap in the cost of living between these two cities. Magnolia is 21.4% cheaper than Cordova. With a cost index of 62 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Magnolia to Cordova should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cordova is $956/month compared to $641/month in Magnolia — a 49% difference. Home values follow the same pattern: Magnolia is more affordable at $134,300 median vs $177,400.

Median household income in Cordova is $75,588 compared to $74,500 in Magnolia (+1.5%). Cordova does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Cordova spend roughly 15.2% of their income on rent, more than the 10.3% in Magnolia.

Income & Cost

Cost of Living Index
Cordova
75
Magnolia
62
18% cheaper
Median Household Income
Cordova
$75,588
1% higher
Magnolia
$74,500

Housing

Median Rent
Cordova
$956
Magnolia
$641
33% cheaper
Median Home Value
Cordova
$177,400
Magnolia
$134,300
24% cheaper
Population
Cordova
633
Magnolia
212

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cordova $2.95
Magnolia $2.85
US $3.07
🥚
Eggs (grade A, large)
Cordova $2.41
Magnolia $2.33
US $2.50
🥛
Milk (whole)
Cordova $3.88
Magnolia $3.75
US $4.03
🍞
Bread (white)
Cordova $1.78
Magnolia $1.72
US $1.85
🍗
Chicken breast
Cordova $3.99
Magnolia $3.86
US $4.14
Electricity
Cordova $0.18
Magnolia $0.17
US $0.19