Murrayville, IL vs New Minden, IL

Murrayville, IL and New Minden, IL have a very similar cost of living, with only a 0.5% difference in their overall index. Murrayville scores 66 while New Minden 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 $775/month in New Minden — a 2% difference. Interestingly, home values tell a different story: while New Minden has cheaper rent, Murrayville actually has lower median home values ($106,000 vs $107,100).

Median household income in Murrayville is $49,615 compared to $83,750 in New Minden (-40.8%). New Minden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Murrayville spend roughly 19.1% of their income on rent, more than the 11.1% in New Minden.

Climate-wise, New Minden is notably warmer with an average of 57.7°F compared to 54°F in Murrayville. New Minden receives more rainfall at 43.4" per year compared to 38" in Murrayville.