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Cypress, IL vs Sheffield, IL

72
Cypress
Illinois
VS
+3.3%
70
Sheffield
Illinois

Cypress, IL and Sheffield, IL have a very similar cost of living, with only a 3.3% difference in their overall index. Cypress scores 72 while Sheffield scores 70 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 Cypress is $1,071/month compared to $992/month in Sheffield — a 8% difference. Interestingly, home values tell a different story: while Sheffield has cheaper rent, Cypress actually has lower median home values ($72,500 vs $102,600).

Median household income in Cypress is $53,750 compared to $68,542 in Sheffield (-21.6%). Sheffield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cypress spend roughly 23.9% of their income on rent, more than the 17.4% in Sheffield.

Income & Cost

Cost of Living Index
Cypress
72
Sheffield
70
3% cheaper
Median Household Income
Cypress
$53,750
Sheffield
$68,542
22% higher

Housing

Median Rent
Cypress
$1,071
Sheffield
$992
7% cheaper
Median Home Value
Cypress
$72,500
29% cheaper
Sheffield
$102,600
Population
Cypress
264
Sheffield
789

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cypress
Sheffield $2.95
US $3.07
🥚
Eggs (grade A, large)
Cypress
Sheffield $2.41
US $2.50
🥛
Milk (whole)
Cypress
Sheffield $3.88
US $4.03
🍞
Bread (white)
Cypress
Sheffield $1.78
US $1.85
🍗
Chicken breast
Cypress
Sheffield $3.99
US $4.14
Electricity
Cypress
Sheffield $0.18
US $0.19