Home / Compare / Magnolia vs New Boston

Magnolia, IL vs New Boston, IL

62
Magnolia
Illinois
VS
+13.7%
54
New Boston
Illinois

New Boston is moderately more affordable than Magnolia, with a 13.7% lower cost of living index. Magnolia scores 62 compared to 54 for New Boston, where the US average is 100. This difference means residents of Magnolia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Magnolia is $641/month compared to $483/month in New Boston — a 33% difference. Home values follow the same pattern: New Boston is more affordable at $100,700 median vs $134,300.

Median household income in Magnolia is $74,500 compared to $61,563 in New Boston (+21%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Magnolia spend roughly 10.3% of their income on rent, more than the 9.4% in New Boston.

Climate-wise, both cities share similar average temperatures (52.7°F vs 51.9°F). New Boston receives more rainfall at 37.9" per year compared to 37.6" in Magnolia.

Income & Cost

Cost of Living Index
Magnolia
62
New Boston
54
12% cheaper
Median Household Income
Magnolia
$74,500
17% higher
New Boston
$61,563

Housing

Median Rent
Magnolia
$641
New Boston
$483
25% cheaper
Median Home Value
Magnolia
$134,300
New Boston
$100,700
25% cheaper
Population
Magnolia
212
New Boston
632

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

$
Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Magnolia $2.85
New Boston $2.95
US $3.07
🥚
Eggs (grade A, large)
Magnolia $2.33
New Boston $2.41
US $2.50
🥛
Milk (whole)
Magnolia $3.75
New Boston $3.88
US $4.03
🍞
Bread (white)
Magnolia $1.72
New Boston $1.78
US $1.85
🍗
Chicken breast
Magnolia $3.86
New Boston $3.99
US $4.14
Electricity
Magnolia $0.17
New Boston $0.18
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Magnolia 52.7°F
New Boston 51.9°F
Summer High
Magnolia 86°F
New Boston 85°F
Winter Low
Magnolia 18°F
New Boston 16°F
Rainfall
Magnolia 37.6"
New Boston 37.9"
Rainy Days
Magnolia 117d
New Boston 114d