Lexington, IL vs Tovey, IL

There is a significant gap in the cost of living between these two cities. Tovey is 21.5% cheaper than Lexington. With a cost index of 56 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tovey to Lexington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lexington is $734/month compared to $541/month in Tovey — a 36% difference. Home values follow the same pattern: Tovey is more affordable at $78,200 median vs $171,600.

Median household income in Lexington is $98,676 compared to $81,250 in Tovey (+21.4%). The higher salaries in Lexington partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lexington spend roughly 8.9% of their income on rent, more than the 8% in Tovey.

Climate-wise, both cities share similar average temperatures (52.3°F vs 54°F). Lexington receives more rainfall at 40.4" per year compared to 38" in Tovey.