Danvers, IL vs Lena, IL
There is a significant gap in the cost of living between these two cities. Lena is 21.3% cheaper than Danvers. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lena to Danvers should plan for substantially higher expenses across most categories.
On the housing front, median rent in Danvers is $1,147/month compared to $647/month in Lena — a 77% difference. Home values follow the same pattern: Lena is more affordable at $154,000 median vs $156,500.
Median household income in Danvers is $66,964 compared to $76,076 in Lena (-12%). Lena offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Danvers spend roughly 20.6% of their income on rent, more than the 10.2% in Lena.
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