Murrayville, IL vs New Holland, IL

Murrayville, IL and New Holland, IL have a very similar cost of living, with only a 0.5% difference in their overall index. Murrayville scores 66 while New Holland 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 Murrayville is $788/month compared to $864/month in New Holland — a 9% difference. Interestingly, home values tell a different story: while Murrayville has cheaper rent, New Holland actually has lower median home values ($81,500 vs $106,000).

Median household income in Murrayville is $49,615 compared to $88,125 in New Holland (-43.7%). While New Holland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Murrayville spend roughly 19.1% of their income on rent, more than the 11.8% in New Holland.

Climate-wise, both cities share similar average temperatures (54°F vs 54°F). New Holland receives more rainfall at 38" per year compared to 38" in Murrayville.