Danville, IL vs Lyons, IL
There is a significant gap in the cost of living between these two cities. Danville is 29.1% cheaper than Lyons. With a cost index of 64 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Danville to Lyons should plan for substantially higher expenses across most categories.
On the housing front, median rent in Danville is $809/month compared to $1,154/month in Lyons — a 30% difference. Home values follow the same pattern: Danville is more affordable at $76,800 median vs $243,500.
Median household income in Danville is $44,239 compared to $64,209 in Lyons (-31.1%). While Lyons is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Danville spend roughly 21.9% of their income on rent, more than the 21.6% in Lyons.
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