Malden, IL vs Palestine, IL
There is a significant gap in the cost of living between these two cities. Palestine is 16% cheaper than Malden. With a cost index of 63 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palestine to Malden should plan for substantially higher expenses across most categories.
On the housing front, median rent in Malden is $1,014/month compared to $755/month in Palestine — a 34% difference. Home values follow the same pattern: Palestine is more affordable at $75,800 median vs $102,600.
Median household income in Malden is $69,327 compared to $60,000 in Palestine (+15.5%). The higher salaries in Malden partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Malden spend roughly 17.6% of their income on rent, more than the 15.1% in Palestine.
Climate-wise, Palestine is notably warmer with an average of 55.7°F compared to 47.8°F in Malden. Palestine receives more rainfall at 41.7" per year compared to 37.4" in Malden.
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Climate
NOAA 30-year normals (1991-2020)