Grayville, IL vs Palmyra, IL

Grayville, IL and Palmyra, IL have a very similar cost of living, with only a 0.7% difference in their overall index. Grayville scores 61 while Palmyra 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 Grayville is $700/month compared to $670/month in Palmyra — a 5% difference. Interestingly, home values tell a different story: while Palmyra has cheaper rent, Grayville actually has lower median home values ($76,000 vs $86,400).

Median household income in Grayville is $47,308 compared to $46,477 in Palmyra (+1.8%). While Grayville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grayville spend roughly 17.8% of their income on rent, more than the 17.3% in Palmyra.

Climate-wise, Grayville is notably warmer with an average of 57.2°F compared to 54°F in Palmyra. Grayville receives more rainfall at 47.9" per year compared to 38" in Palmyra.