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Cornell, IL vs Martinsville, IL

67
Cornell
Illinois
VS
+16.4%
57
Martinsville
Illinois

There is a significant gap in the cost of living between these two cities. Martinsville is 16.4% cheaper than Cornell. With a cost index of 57 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Martinsville to Cornell should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cornell is $871/month compared to $588/month in Martinsville — a 48% difference. Home values follow the same pattern: Martinsville is more affordable at $73,600 median vs $83,800.

Median household income in Cornell is $64,286 compared to $65,000 in Martinsville (-1.1%). Martinsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cornell spend roughly 16.3% of their income on rent, more than the 10.9% in Martinsville.

Income & Cost

Cost of Living Index
Cornell
67
Martinsville
57
14% cheaper
Median Household Income
Cornell
$64,286
Martinsville
$65,000
1% higher

Housing

Median Rent
Cornell
$871
Martinsville
$588
32% cheaper
Median Home Value
Cornell
$83,800
Martinsville
$73,600
12% cheaper
Population
Cornell
419
Martinsville
1,212

Salary Equivalency Calculator

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