London Mills, IL vs Washburn, IL
London Mills, IL and Washburn, IL have a very similar cost of living, with only a 4.6% difference in their overall index. London Mills scores 69 while Washburn scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in London Mills is $1,013/month compared to $900/month in Washburn — a 13% difference. Interestingly, home values tell a different story: while Washburn has cheaper rent, London Mills actually has lower median home values ($54,800 vs $90,700).
Median household income in London Mills is $52,656 compared to $79,306 in Washburn (-33.6%). Washburn offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of London Mills spend roughly 23.1% of their income on rent, more than the 13.6% in Washburn.
Climate-wise, both cities share similar average temperatures (52.7°F vs 52.7°F). Washburn receives more rainfall at 37.6" per year compared to 37.6" in London Mills.
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