Elmwood, IL vs Ogden, IL
There is a significant gap in the cost of living between these two cities. Elmwood is 15.1% cheaper than Ogden. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elmwood to Ogden should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elmwood is $761/month compared to $1,114/month in Ogden — a 32% difference. Home values follow the same pattern: Elmwood is more affordable at $144,600 median vs $148,700.
Median household income in Elmwood is $87,644 compared to $84,688 in Ogden (+3.5%). Elmwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elmwood spend roughly 10.4% of their income on rent, less than the 15.8% in Ogden.
Climate-wise, both cities share similar average temperatures (52.7°F vs 52.3°F). Ogden receives more rainfall at 40.4" per year compared to 37.6" in Elmwood.
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Climate
NOAA 30-year normals (1991-2020)