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Panola, IL vs Wheeler, IL

81
Panola
Illinois
VS
-17.7%
99
Wheeler
Illinois

There is a significant gap in the cost of living between these two cities. Panola is 17.7% cheaper than Wheeler. With a cost index of 81 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Panola to Wheeler should plan for substantially higher expenses across most categories.

Median household income in Panola is $78,750 compared to $20,625 in Wheeler (+281.8%). Panola offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (52.7°F vs 53.4°F). Panola receives more rainfall at 37.6" per year compared to 36" in Wheeler.

Income & Cost

Cost of Living Index
Panola
81
18% cheaper
Wheeler
99
Median Household Income
Panola
$78,750
74% higher
Wheeler
$20,625

Housing

Median Rent
Panola
Wheeler
Median Home Value
Panola
$123,200
Wheeler
Population
Panola
32
Wheeler
93

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Panola $2.85
Wheeler
US $3.07
🥚
Eggs (grade A, large)
Panola $2.33
Wheeler
US $2.50
🥛
Milk (whole)
Panola $3.75
Wheeler
US $4.03
🍞
Bread (white)
Panola $1.72
Wheeler
US $1.85
🍗
Chicken breast
Panola $3.86
Wheeler
US $4.14
Electricity
Panola $0.17
Wheeler
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Panola 52.7°F
Wheeler 53.4°F
Summer High
Panola 86°F
Wheeler 86°F
Winter Low
Panola 18°F
Wheeler 20°F
Rainfall
Panola 37.6"
Wheeler 36"
Rainy Days
Panola 117d
Wheeler 108d