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Murrayville, IL vs Palmer, IL

66
Murrayville
Illinois
VS
+5.5%
63
Palmer
Illinois

Palmer is moderately more affordable than Murrayville, with a 5.5% lower cost of living index. Murrayville scores 66 compared to 63 for Palmer, where the US average is 100. This difference means residents of Murrayville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Murrayville is $788/month compared to $744/month in Palmer — a 6% difference. Home values follow the same pattern: Palmer is more affordable at $80,400 median vs $106,000.

Median household income in Murrayville is $49,615 compared to $52,917 in Palmer (-6.2%). Palmer 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 16.9% in Palmer.

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

Income & Cost

Cost of Living Index
Murrayville
66
Palmer
63
5% cheaper
Median Household Income
Murrayville
$49,615
Palmer
$52,917
6% higher

Housing

Median Rent
Murrayville
$788
Palmer
$744
6% cheaper
Median Home Value
Murrayville
$106,000
Palmer
$80,400
24% cheaper
Population
Murrayville
671
Palmer
233

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Murrayville 54°F
Palmer 54°F
Summer High
Murrayville 87°F
Palmer 87°F
Winter Low
Murrayville 20°F
Palmer 20°F
Rainfall
Murrayville 38"
Palmer 38"
Rainy Days
Murrayville 115d
Palmer 115d