Elmwood, IL vs Golconda, IL

The cost of living difference between Elmwood, IL and Golconda, IL is dramatic. Golconda is 36% cheaper than Elmwood, a gap that translates to thousands of dollars per year in household expenses. Elmwood has a cost index of 66 while Golconda sits at 49, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Elmwood is $761/month compared to $383/month in Golconda — a 99% difference. Home values follow the same pattern: Golconda is more affordable at $85,000 median vs $144,600.

Median household income in Elmwood is $87,644 compared to $41,250 in Golconda (+112.5%). While Elmwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elmwood spend roughly 10.4% of their income on rent, less than the 11.1% in Golconda.

Climate-wise, Golconda is notably warmer with an average of 58.8°F compared to 52.7°F in Elmwood. Golconda receives more rainfall at 50.3" per year compared to 37.6" in Elmwood.