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Mackinaw, IL vs Woodlawn, IL

71
Mackinaw
Illinois
VS
-1.5%
72
Woodlawn
Illinois

Mackinaw, IL and Woodlawn, IL have a very similar cost of living, with only a 1.5% difference in their overall index. Mackinaw scores 71 while Woodlawn scores 72 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 Mackinaw is $874/month compared to $905/month in Woodlawn — a 3% difference. Interestingly, home values tell a different story: while Mackinaw has cheaper rent, Woodlawn actually has lower median home values ($130,500 vs $159,200).

Median household income in Mackinaw is $71,875 compared to $70,455 in Woodlawn (+2%). Mackinaw offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mackinaw spend roughly 14.6% of their income on rent, less than the 15.4% in Woodlawn.

Income & Cost

Cost of Living Index
Mackinaw
71
2% cheaper
Woodlawn
72
Median Household Income
Mackinaw
$71,875
2% higher
Woodlawn
$70,455

Housing

Median Rent
Mackinaw
$874
3% cheaper
Woodlawn
$905
Median Home Value
Mackinaw
$159,200
Woodlawn
$130,500
18% cheaper
Population
Mackinaw
1,869
Woodlawn
646

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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