Forrest, IL vs Ludlow, IL
Forrest, IL and Ludlow, IL have a very similar cost of living, with only a 1.4% difference in their overall index. Forrest scores 62 while Ludlow scores 61 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 Forrest is $663/month compared to $775/month in Ludlow — a 15% difference. Interestingly, home values tell a different story: while Forrest has cheaper rent, Ludlow actually has lower median home values ($74,500 vs $104,000).
Median household income in Forrest is $70,417 compared to $46,250 in Ludlow (+52.3%). While Forrest is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Forrest spend roughly 11.3% of their income on rent, less than the 20.1% in Ludlow.
Climate-wise, both cities share similar average temperatures (52.3°F vs 52.3°F). Ludlow receives more rainfall at 40.4" per year compared to 40.4" in Forrest.
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