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Cowden, IL vs Elvaston, IL

63
Cowden
Illinois
VS
-20.5%
79
Elvaston
Illinois

There is a significant gap in the cost of living between these two cities. Cowden is 20.5% cheaper than Elvaston. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cowden to Elvaston should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Cowden are $76,200 compared to $70,800 in Elvaston, a 8% gap.

Median household income in Cowden is $42,083 compared to $30,625 in Elvaston (+37.4%). Cowden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Cowden
63
21% cheaper
Elvaston
79
Median Household Income
Cowden
$42,083
27% higher
Elvaston
$30,625

Housing

Median Rent
Cowden
$767
Elvaston
Median Home Value
Cowden
$76,200
Elvaston
$70,800
7% cheaper
Population
Cowden
547
Elvaston
185

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