Eldred, IL vs Patoka, IL

Eldred is moderately more affordable than Patoka, with a 11.5% lower cost of living index. Eldred scores 57 compared to 64 for Patoka, where the US average is 100. This difference means residents of Patoka can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eldred is $542/month compared to $811/month in Patoka — a 33% difference. Interestingly, home values tell a different story: while Eldred has cheaper rent, Patoka actually has lower median home values ($77,500 vs $82,800).

Median household income in Eldred is $67,500 compared to $62,344 in Patoka (+8.3%). Eldred offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eldred spend roughly 9.6% of their income on rent, less than the 15.6% in Patoka.

Climate-wise, both cities share similar average temperatures (56.1°F vs 57.7°F). Patoka receives more rainfall at 43.4" per year compared to 39.4" in Eldred.