Paxton, IL vs Walnut, IL
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
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)