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Dalzell, IL vs Elwood, IL

76
Dalzell
Illinois
VS
-9.6%
84
Elwood
Illinois

Dalzell is moderately more affordable than Elwood, with a 9.6% lower cost of living index. Dalzell scores 76 compared to 84 for Elwood, where the US average is 100. This difference means residents of Elwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dalzell is $970/month compared to $986/month in Elwood — a 2% difference. Home values follow the same pattern: Dalzell is more affordable at $159,400 median vs $224,900.

Median household income in Dalzell is $74,625 compared to $73,640 in Elwood (+1.3%). Dalzell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dalzell spend roughly 15.6% of their income on rent, less than the 16.1% in Elwood.

Income & Cost

Cost of Living Index
Dalzell
76
10% cheaper
Elwood
84
Median Household Income
Dalzell
$74,625
1% higher
Elwood
$73,640

Housing

Median Rent
Dalzell
$970
2% cheaper
Elwood
$986
Median Home Value
Dalzell
$159,400
29% cheaper
Elwood
$224,900
Population
Dalzell
716
Elwood
2,141

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dalzell
Elwood $3.20
US $3.07
🥚
Eggs (grade A, large)
Dalzell
Elwood $2.61
US $2.50
🥛
Milk (whole)
Dalzell
Elwood $4.20
US $4.03
🍞
Bread (white)
Dalzell
Elwood $1.93
US $1.85
🍗
Chicken breast
Dalzell
Elwood $4.32
US $4.14
Electricity
Dalzell
Elwood $0.15
US $0.19