Elmwood, IL vs Pearl City, IL

Elmwood, IL and Pearl City, IL have a very similar cost of living, with only a 0.3% difference in their overall index. Elmwood scores 66 while Pearl City scores 66 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 $747/month in Pearl City — a 2% difference. Home values follow the same pattern: Pearl City is more affordable at $121,300 median vs $144,600.

Median household income in Elmwood is $87,644 compared to $63,500 in Pearl City (+38%). 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 14.1% in Pearl City.

Climate-wise, Elmwood is notably warmer with an average of 52.7°F compared to 49.4°F in Pearl City. Elmwood receives more rainfall at 37.6" per year compared to 37.2" in Pearl City.