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Olive Branch, IL vs Sheldon, IL

75
Olive Branch
Illinois
VS
+20.6%
62
Sheldon
Illinois

There is a significant gap in the cost of living between these two cities. Sheldon is 20.6% cheaper than Olive Branch. With a cost index of 62 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sheldon to Olive Branch should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Olive Branch are $58,700 compared to $75,200 in Sheldon, a 22% gap.

Median household income in Olive Branch is $27,250 compared to $43,942 in Sheldon (-38%). Sheldon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Olive Branch is notably warmer with an average of 57.7°F compared to 51.3°F in Sheldon. Olive Branch receives more rainfall at 47.9" per year compared to 37" in Sheldon.

Income & Cost

Cost of Living Index
Olive Branch
75
Sheldon
62
17% cheaper
Median Household Income
Olive Branch
$27,250
Sheldon
$43,942
38% higher

Housing

Median Rent
Olive Branch
Sheldon
$738
Median Home Value
Olive Branch
$58,700
22% cheaper
Sheldon
$75,200
Population
Olive Branch
441
Sheldon
1,309

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Olive Branch $2.96
Sheldon
US $3.07
🥚
Eggs (grade A, large)
Olive Branch $2.41
Sheldon
US $2.50
🥛
Milk (whole)
Olive Branch $3.89
Sheldon
US $4.03
🍞
Bread (white)
Olive Branch $1.79
Sheldon
US $1.85
🍗
Chicken breast
Olive Branch $4.00
Sheldon
US $4.14
Electricity
Olive Branch $0.17
Sheldon
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Olive Branch 57.7°F
Sheldon 51.3°F
Summer High
Olive Branch 89°F
Sheldon 84°F
Winter Low
Olive Branch 26°F
Sheldon 18°F
Rainfall
Olive Branch 47.9"
Sheldon 37"
Rainy Days
Olive Branch 116d
Sheldon 126d