Essex, IL vs Weldon, IL
There is a significant gap in the cost of living between these two cities. Weldon is 26.2% cheaper than Essex. With a cost index of 67 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Weldon to Essex should plan for substantially higher expenses across most categories.
On the housing front, median rent in Essex is $1,147/month compared to $936/month in Weldon — a 23% difference. Home values follow the same pattern: Weldon is more affordable at $89,300 median vs $219,000.
Median household income in Essex is $101,094 compared to $60,083 in Weldon (+68.3%). While Essex is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Essex spend roughly 13.6% of their income on rent, less than the 18.7% in Weldon.
Climate-wise, both cities share similar average temperatures (49.4°F vs 51.1°F). Weldon receives more rainfall at 39.6" per year compared to 33.8" in Essex.
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