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Eldorado, IL vs Sheldon, IL

58
Eldorado
Illinois
VS
-6.1%
62
Sheldon
Illinois

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.

Income & Cost

Cost of Living Index
Eldorado
58
6% cheaper
Sheldon
62
Median Household Income
Eldorado
$39,766
Sheldon
$43,942
10% higher

Housing

Median Rent
Eldorado
$630
15% cheaper
Sheldon
$738
Median Home Value
Eldorado
$68,600
9% cheaper
Sheldon
$75,200
Population
Eldorado
3,762
Sheldon
1,309

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Eldorado 56.4°F
Sheldon 51.3°F
Summer High
Eldorado 88°F
Sheldon 84°F
Winter Low
Eldorado 25°F
Sheldon 18°F
Rainfall
Eldorado 44"
Sheldon 37"
Rainy Days
Eldorado 130d
Sheldon 126d