Shumway, IL vs Woodlawn, IL

Shumway, IL and Woodlawn, IL have a very similar cost of living, with only a 1.2% difference in their overall index. Shumway scores 71 while Woodlawn scores 72 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 Shumway is $950/month compared to $905/month in Woodlawn — a 5% difference. Interestingly, home values tell a different story: while Woodlawn has cheaper rent, Shumway actually has lower median home values ($103,400 vs $130,500).

Median household income in Shumway is $76,250 compared to $70,455 in Woodlawn (+8.2%). Shumway offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Shumway spend roughly 15% of their income on rent, less than the 15.4% in Woodlawn.