Oakwood, IL vs Smithton, IL

There is a significant gap in the cost of living between these two cities. Oakwood is 17.6% cheaper than Smithton. With a cost index of 66 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakwood to Smithton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oakwood is $795/month compared to $857/month in Smithton — a 7% difference. Home values follow the same pattern: Oakwood is more affordable at $98,300 median vs $251,600.

Median household income in Oakwood is $43,894 compared to $114,453 in Smithton (-61.6%). While Smithton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakwood spend roughly 21.7% of their income on rent, more than the 9% in Smithton.

Climate-wise, Smithton is notably warmer with an average of 57.7°F compared to 52.3°F in Oakwood. Smithton receives more rainfall at 43.4" per year compared to 40.4" in Oakwood.