Cornell, IL vs Neoga, IL

Cornell, IL and Neoga, IL have a very similar cost of living, with only a 2.1% difference in their overall index. Cornell scores 67 while Neoga 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 Cornell is $871/month compared to $769/month in Neoga — a 13% difference. Interestingly, home values tell a different story: while Neoga has cheaper rent, Cornell actually has lower median home values ($83,800 vs $104,600).

Median household income in Cornell is $64,286 compared to $70,804 in Neoga (-9.2%). Neoga 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 13% in Neoga.