Lima, IL vs Taylor Springs, IL
There is a significant gap in the cost of living between these two cities. Taylor Springs is 28.9% cheaper than Lima. With a cost index of 63 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taylor Springs to Lima should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Lima are $89,200 compared to $67,100 in Taylor Springs, a 33% gap.
Median household income in Lima is $71,250 compared to $45,323 in Taylor Springs (+57.2%). While Lima is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, Taylor Springs is notably warmer with an average of 57.7°F compared to 53°F in Lima. Taylor Springs receives more rainfall at 43.4" per year compared to 36.4" in Lima.
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Housing
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Climate
NOAA 30-year normals (1991-2020)