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Paxton, IL vs Walnut, IL

69
Paxton
Illinois
VS
+16.8%
59
Walnut
Illinois

There is a significant gap in the cost of living between these two cities. Walnut is 16.8% cheaper than Paxton. With a cost index of 59 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Walnut to Paxton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Paxton is $922/month compared to $591/month in Walnut — a 56% difference. Home values follow the same pattern: Walnut is more affordable at $94,700 median vs $116,700.

Median household income in Paxton is $60,470 compared to $62,019 in Walnut (-2.5%). Walnut offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Paxton spend roughly 18.3% of their income on rent, more than the 11.4% in Walnut.

Climate-wise, Paxton is notably warmer with an average of 52.3°F compared to 47.8°F in Walnut. Paxton receives more rainfall at 40.4" per year compared to 37.4" in Walnut.

Income & Cost

Cost of Living Index
Paxton
69
Walnut
59
14% cheaper
Median Household Income
Paxton
$60,470
Walnut
$62,019
2% higher

Housing

Median Rent
Paxton
$922
Walnut
$591
36% cheaper
Median Home Value
Paxton
$116,700
Walnut
$94,700
19% cheaper
Population
Paxton
4,201
Walnut
1,402

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Paxton 52.3°F
Walnut 47.8°F
Summer High
Paxton 88°F
Walnut 82°F
Winter Low
Paxton 16°F
Walnut 13°F
Rainfall
Paxton 40.4"
Walnut 37.4"
Rainy Days
Paxton 102d
Walnut 131d