Payson, IL vs Winnebago, IL

Payson, IL and Winnebago, IL have a very similar cost of living, with only a 3% difference in their overall index. Payson scores 73 while Winnebago scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Payson is $967/month compared to $941/month in Winnebago — a 3% difference. Interestingly, home values tell a different story: while Winnebago has cheaper rent, Payson actually has lower median home values ($118,000 vs $180,300).

Median household income in Payson is $62,262 compared to $82,813 in Winnebago (-24.8%). While Winnebago is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Payson spend roughly 18.6% of their income on rent, more than the 13.6% in Winnebago.

Climate-wise, Payson is notably warmer with an average of 53°F compared to 49.4°F in Winnebago. Winnebago receives more rainfall at 37.2" per year compared to 36.4" in Payson.