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Lansing, IL vs Wood River, IL

88
Lansing
Illinois
VS
+27%
69
Wood River
Illinois

There is a significant gap in the cost of living between these two cities. Wood River is 27% cheaper than Lansing. With a cost index of 69 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wood River to Lansing should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lansing is $1,271/month compared to $915/month in Wood River — a 39% difference. Home values follow the same pattern: Wood River is more affordable at $103,200 median vs $168,500.

Median household income in Lansing is $71,805 compared to $65,960 in Wood River (+8.9%). Lansing does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lansing spend roughly 21.2% of their income on rent, more than the 16.6% in Wood River.

Income & Cost

Cost of Living Index
Lansing
88
Wood River
69
21% cheaper
Median Household Income
Lansing
$71,805
8% higher
Wood River
$65,960

Housing

Median Rent
Lansing
$1,271
Wood River
$915
28% cheaper
Median Home Value
Lansing
$168,500
Wood River
$103,200
39% cheaper
Population
Lansing
28,415
Wood River
10,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lansing $3.20
Wood River $3.03
US $3.07
🥚
Eggs (grade A, large)
Lansing $2.61
Wood River $2.47
US $2.50
🥛
Milk (whole)
Lansing $4.20
Wood River $3.97
US $4.03
🍞
Bread (white)
Lansing $1.93
Wood River $1.83
US $1.85
🍗
Chicken breast
Lansing $4.32
Wood River $4.09
US $4.14
Electricity
Lansing $0.15
Wood River $0.15
US $0.19