Elizabeth, IL vs Oakford, IL

Elizabeth, IL and Oakford, IL have a very similar cost of living, with only a 0.3% difference in their overall index. Elizabeth scores 66 while Oakford scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Elizabeth is $741/month compared to $833/month in Oakford — a 11% difference. Interestingly, home values tell a different story: while Elizabeth has cheaper rent, Oakford actually has lower median home values ($101,900 vs $115,500).

Median household income in Elizabeth is $47,500 compared to $65,813 in Oakford (-27.8%). Oakford offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elizabeth spend roughly 18.7% of their income on rent, more than the 15.2% in Oakford.

Climate-wise, Oakford is notably warmer with an average of 54°F compared to 47.2°F in Elizabeth. Elizabeth receives more rainfall at 38.2" per year compared to 38" in Oakford.