Steeleville, IL vs Woodson, IL

Steeleville, IL and Woodson, IL have a very similar cost of living, with only a 2.3% difference in their overall index. Steeleville scores 70 while Woodson scores 71 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 Steeleville is $775/month compared to $908/month in Woodson — a 15% difference. Interestingly, home values tell a different story: while Steeleville has cheaper rent, Woodson actually has lower median home values ($125,800 vs $155,100).

Median household income in Steeleville is $60,982 compared to $85,469 in Woodson (-28.7%). While Woodson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Steeleville spend roughly 15.3% of their income on rent, more than the 12.7% in Woodson.