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Fairview, IL vs Payson, IL

54
Fairview
Illinois
VS
-26.2%
73
Payson
Illinois

There is a significant gap in the cost of living between these two cities. Fairview is 26.2% cheaper than Payson. With a cost index of 54 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairview to Payson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairview is $442/month compared to $967/month in Payson — a 54% difference. Home values follow the same pattern: Fairview is more affordable at $79,800 median vs $118,000.

Median household income in Fairview is $65,250 compared to $62,262 in Payson (+4.8%). Fairview offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairview spend roughly 8.1% of their income on rent, less than the 18.6% in Payson.

Climate-wise, both cities share similar average temperatures (52.7°F vs 53°F). Fairview receives more rainfall at 37.6" per year compared to 36.4" in Payson.

Income & Cost

Cost of Living Index
Fairview
54
26% cheaper
Payson
73
Median Household Income
Fairview
$65,250
5% higher
Payson
$62,262

Housing

Median Rent
Fairview
$442
54% cheaper
Payson
$967
Median Home Value
Fairview
$79,800
32% cheaper
Payson
$118,000
Population
Fairview
357
Payson
1,030

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Fairview 52.7°F
Payson 53°F
Summer High
Fairview 86°F
Payson 86°F
Winter Low
Fairview 18°F
Payson 19°F
Rainfall
Fairview 37.6"
Payson 36.4"
Rainy Days
Fairview 117d
Payson 109d