Eldorado, IL vs Sheldon, IL
Eldorado is moderately more affordable than Sheldon, with a 6.1% lower cost of living index. Eldorado scores 58 compared to 62 for Sheldon, where the US average is 100. This difference means residents of Sheldon can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Eldorado is $630/month compared to $738/month in Sheldon — a 15% difference. Home values follow the same pattern: Eldorado is more affordable at $68,600 median vs $75,200.
Median household income in Eldorado is $39,766 compared to $43,942 in Sheldon (-9.5%). While Sheldon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eldorado spend roughly 19% of their income on rent, less than the 20.2% in Sheldon.
Climate-wise, Eldorado is notably warmer with an average of 56.4°F compared to 51.3°F in Sheldon. Eldorado receives more rainfall at 44" per year compared to 37" in Sheldon.
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Housing
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Climate
NOAA 30-year normals (1991-2020)