Smithton, IL vs Wood River, IL

There is a significant gap in the cost of living between these two cities. Wood River is 15% cheaper than Smithton. With a cost index of 69 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wood River to Smithton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Smithton is $857/month compared to $915/month in Wood River — a 6% difference. Interestingly, home values tell a different story: while Smithton has cheaper rent, Wood River actually has lower median home values ($103,200 vs $251,600).

Median household income in Smithton is $114,453 compared to $65,960 in Wood River (+73.5%). While Smithton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Smithton spend roughly 9% of their income on rent, less than the 16.6% in Wood River.