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Galesburg, IL vs Wood River, IL

63
Galesburg
Illinois
VS
-9.6%
69
Wood River
Illinois

Galesburg is moderately more affordable than Wood River, with a 9.6% lower cost of living index. Galesburg scores 63 compared to 69 for Wood River, where the US average is 100. This difference means residents of Wood River can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Galesburg is $719/month compared to $915/month in Wood River — a 21% difference. Home values follow the same pattern: Galesburg is more affordable at $89,800 median vs $103,200.

Median household income in Galesburg is $45,213 compared to $65,960 in Wood River (-31.5%). While Wood River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Galesburg spend roughly 19.1% of their income on rent, more than the 16.6% in Wood River.

Income & Cost

Cost of Living Index
Galesburg
63
10% cheaper
Wood River
69
Median Household Income
Galesburg
$45,213
Wood River
$65,960
31% higher

Housing

Median Rent
Galesburg
$719
21% cheaper
Wood River
$915
Median Home Value
Galesburg
$89,800
13% cheaper
Wood River
$103,200
Population
Galesburg
29,653
Wood River
10,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Galesburg
Wood River $3.03
US $3.07
🥚
Eggs (grade A, large)
Galesburg
Wood River $2.47
US $2.50
🥛
Milk (whole)
Galesburg
Wood River $3.97
US $4.03
🍞
Bread (white)
Galesburg
Wood River $1.83
US $1.85
🍗
Chicken breast
Galesburg
Wood River $4.09
US $4.14
Electricity
Galesburg
Wood River $0.15
US $0.19