Kirkwood, IL vs Olmsted, IL
There is a significant gap in the cost of living between these two cities. Kirkwood is 18.7% cheaper than Olmsted. With a cost index of 67 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kirkwood to Olmsted should plan for substantially higher expenses across most categories.
Renters will find that Kirkwood has a median rent of $850/month while Olmsted comes in at $775/month, a 10% difference.
Median household income in Kirkwood is $70,385 compared to $34,375 in Olmsted (+104.8%). Kirkwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Kirkwood spend roughly 14.5% of their income on rent, less than the 27.1% in Olmsted.
Climate-wise, Olmsted is notably warmer with an average of 58.1°F compared to 51.9°F in Kirkwood. Olmsted receives more rainfall at 51" per year compared to 37.9" in Kirkwood.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)