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Malden, IL vs Walnut, IL

73
Malden
Illinois
VS
+22.7%
59
Walnut
Illinois

There is a significant gap in the cost of living between these two cities. Walnut is 22.7% cheaper than Malden. With a cost index of 59 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Walnut 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 $591/month in Walnut — a 72% difference. Home values follow the same pattern: Walnut is more affordable at $94,700 median vs $102,600.

Median household income in Malden is $69,327 compared to $62,019 in Walnut (+11.8%). 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 11.4% in Walnut.

Climate-wise, both cities share similar average temperatures (47.8°F vs 47.8°F). Walnut receives more rainfall at 37.4" per year compared to 37.4" in Malden.

Income & Cost

Cost of Living Index
Malden
73
Walnut
59
19% cheaper
Median Household Income
Malden
$69,327
11% higher
Walnut
$62,019

Housing

Median Rent
Malden
$1,014
Walnut
$591
42% cheaper
Median Home Value
Malden
$102,600
Walnut
$94,700
8% cheaper
Population
Malden
473
Walnut
1,402

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Malden 47.8°F
Walnut 47.8°F
Summer High
Malden 82°F
Walnut 82°F
Winter Low
Malden 13°F
Walnut 13°F
Rainfall
Malden 37.4"
Walnut 37.4"
Rainy Days
Malden 131d
Walnut 131d