London Mills, IL vs Payson, IL

London Mills is moderately more affordable than Payson, with a 5.2% lower cost of living index. London Mills scores 69 compared to 73 for Payson, where the US average is 100. This difference means residents of Payson can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in London Mills is $1,013/month compared to $967/month in Payson — a 5% difference. Interestingly, home values tell a different story: while Payson has cheaper rent, London Mills actually has lower median home values ($54,800 vs $118,000).

Median household income in London Mills is $52,656 compared to $62,262 in Payson (-15.4%). While Payson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of London Mills spend roughly 23.1% of their income on rent, more than the 18.6% in Payson.

Climate-wise, both cities share similar average temperatures (52.7°F vs 53°F). London Mills receives more rainfall at 37.6" per year compared to 36.4" in Payson.