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Nashville, IL vs Olney, IL

70
Nashville
Illinois
VS
+8.5%
65
Olney
Illinois

Olney is moderately more affordable than Nashville, with a 8.5% lower cost of living index. Nashville scores 70 compared to 65 for Olney, where the US average is 100. This difference means residents of Nashville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Nashville is $816/month compared to $769/month in Olney — a 6% difference. Home values follow the same pattern: Olney is more affordable at $96,900 median vs $146,500.

Median household income in Nashville is $61,753 compared to $57,997 in Olney (+6.5%). The higher salaries in Nashville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Nashville spend roughly 15.9% of their income on rent, less than the 15.9% in Olney.

Climate-wise, both cities share similar average temperatures (57.7°F vs 55.7°F). Nashville receives more rainfall at 43.4" per year compared to 41.7" in Olney.

Income & Cost

Cost of Living Index
Nashville
70
Olney
65
8% cheaper
Median Household Income
Nashville
$61,753
6% higher
Olney
$57,997

Housing

Median Rent
Nashville
$816
Olney
$769
6% cheaper
Median Home Value
Nashville
$146,500
Olney
$96,900
34% cheaper
Population
Nashville
2,991
Olney
8,864

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Nashville 57.7°F
Olney 55.7°F
Summer High
Nashville 90°F
Olney 88°F
Winter Low
Nashville 24°F
Olney 23°F
Rainfall
Nashville 43.4"
Olney 41.7"
Rainy Days
Nashville 100d
Olney 116d