Elmwood, IL vs Oneida, IL

Elmwood, IL and Oneida, IL have a very similar cost of living, with only a 4.5% difference in their overall index. Elmwood scores 66 while Oneida scores 69 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 Elmwood is $761/month compared to $882/month in Oneida — a 14% difference. Interestingly, home values tell a different story: while Elmwood has cheaper rent, Oneida actually has lower median home values ($107,400 vs $144,600).

Median household income in Elmwood is $87,644 compared to $66,615 in Oneida (+31.6%). 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 15.9% in Oneida.

Climate-wise, both cities share similar average temperatures (52.7°F vs 51.2°F). Oneida receives more rainfall at 38.3" per year compared to 37.6" in Elmwood.