Cutler, IL vs Payson, IL

Cutler, IL and Payson, IL have a very similar cost of living, with only a 3.5% difference in their overall index. Cutler scores 70 while Payson scores 73 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 Cutler is $1,042/month compared to $967/month in Payson — a 8% difference. Interestingly, home values tell a different story: while Payson has cheaper rent, Cutler actually has lower median home values ($58,800 vs $118,000).

Median household income in Cutler is $45,417 compared to $62,262 in Payson (-27.1%). While Payson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cutler spend roughly 27.5% of their income on rent, more than the 18.6% in Payson.