Cordova, IL vs Magnolia, IL
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
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area