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Loda, IL vs Morrisonville, IL

80
Loda
Illinois
VS
+20.3%
66
Morrisonville
Illinois

There is a significant gap in the cost of living between these two cities. Morrisonville is 20.3% cheaper than Loda. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Morrisonville to Loda should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Loda are $96,300 compared to $105,900 in Morrisonville, a 9% gap.

Median household income in Loda is $61,250 compared to $81,944 in Morrisonville (-25.3%). Morrisonville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

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

Income & Cost

Cost of Living Index
Loda
80
Morrisonville
66
17% cheaper
Median Household Income
Loda
$61,250
Morrisonville
$81,944
25% higher

Housing

Median Rent
Loda
Morrisonville
$788
Median Home Value
Loda
$96,300
9% cheaper
Morrisonville
$105,900
Population
Loda
289
Morrisonville
852

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Loda $2.85
Morrisonville
US $3.07
🥚
Eggs (grade A, large)
Loda $2.33
Morrisonville
US $2.50
🥛
Milk (whole)
Loda $3.75
Morrisonville
US $4.03
🍞
Bread (white)
Loda $1.72
Morrisonville
US $1.85
🍗
Chicken breast
Loda $3.86
Morrisonville
US $4.14
Electricity
Loda $0.17
Morrisonville
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Loda 52.3°F
Morrisonville 54°F
Summer High
Loda 88°F
Morrisonville 87°F
Winter Low
Loda 16°F
Morrisonville 20°F
Rainfall
Loda 40.4"
Morrisonville 38"
Rainy Days
Loda 102d
Morrisonville 115d