Philo, IL vs Wood River, NE: Cost of Living

Which city costs less?

Wood River, NE has a modeled overall cost index 1.3% higher than Philo, IL.

Philo, IL · modeled 2BR rent
$1,180 / month
Wood River, NE · modeled 2BR rent
$1,210 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Philo, IL and Wood River, NE using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $111/month in Wood River, NE

$150,000 in your current city has a modeled equivalent of $151,327 in Wood River, NE

Regional cost estimates: Philo, IL uses Indianapolis, IN. Wood River, NE uses Lincoln, NE. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 1.3%
More expensive
Monthly Impact
$111
Extra cost
Annual Impact
$1.3K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Philo, IL

Population:1K
Cost Index:
74.7
100 = national average
Typical Home:$246K

Wood River, NE

Population:1K
Cost Index:
75.6
100 = national average
Typical Home:$249K

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Philo, IL

The Prairie State

1K
Population
State Tax
Yes

Located in Illinois, this city has a population of 1K residents.

Wood River, NE

The Cornhusker State

1K
Population
State Tax
Yes

Located in Nebraska, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Philo, IL vs Wood River, NE

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Healthcare
↑ 15.2%
Philo, IL
$704
Wood River, NE
$811
Difference
$107
more
Housing
↑ 4.6%
Philo, IL
$1,965
Wood River, NE
$2,055
Difference
$90.68
more
Other
↓ 4.2%
Philo, IL
$1,781
Wood River, NE
$1,707
Difference
$73.98
less
All Utilities
↓ 8.0%
Philo, IL
$608
Wood River, NE
$559
Difference
$48.61
less
Groceries
↑ 1.6%
Philo, IL
$1,111
Wood River, NE
$1,130
Difference
$18.12
more
Transportation
↑ 1.3%
Philo, IL
$1,331
Wood River, NE
$1,349
Difference
$17.57
more

🏠Rent Comparison

Studio
From$990
To$870
↓ $120
1 Bed
From$1,000
To$980
↓ $20.00
2 Bed
From$1,180
To$1,210
↑ $30.00
3 Bed
From$1,510
To$1,530
↑ $20.00
Philo, ILZIP-level data

1BR range: $1,000–$1,000/mo

Wood River, NEZIP-level data

1BR range: $980–$980/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Philo, IL
$7,611
Monthly in Wood River, NE
$111
Difference

Home Values

Philo
Wood River
$246K
Median Value
$249K
↑ +9.2%
YoY Change
↑ +0.3%
↑ +29.3%
5-Year Change
↑ +29.7%

Homes in Wood River are 1% more expensive than Philo

Calculate payment - PhiloCalculate payment - Wood River

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $1.9K
More taxes
Monthly Difference
$159
Less take-home
Effective Rate Diff
1.3%
Rate difference

Philo, IL

Federal Income Tax
Effective: 18.9%
$25.5K
Illinois State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,797/month
$105.6K

Wood River, NE

Federal Income Tax
Effective: 18.9%
$25.5K
Nebraska State Tax
Effective: 6.2%
$9.3K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.9%
$46.3K
Take-Home Pay
$8,638/month
$103.7K

Additional Tax Information

Philo, IL Tax Rates

Sales Tax:8.8%
Property Tax:2.2%

Wood River, NE Tax Rates

Sales Tax:7.0%
Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Philo
Wood River
54 Moderate
Air Quality
41 Good
36.6%
Good Air Days
83.7%
97 High
Climate Risk
91 Moderate
🌊🌡🌪
Top Hazards
🌪💨
▲+3.1°F
2050 Outlook
▲+3.3°F
18 days
Heat Days >95°F
38 days
▲+3.1°F
2050 Outlook
▲+3.3°F
18 days
Heat Days >95°F
38 days

Before moving from Philo, IL to Wood River, NE

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Wood River, NE for the same bedroom count and included utilities as your home in Philo, IL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Philo to Wood River moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Wood River, NE by cost, housing, population and region.

Frequently Asked Questions: Philo, IL vs Wood River, NE

How do the cost estimates for Philo, IL and Wood River, NE compare?

Wood River, NE has a modeled overall cost index 1.3% higher than Philo, IL. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Philo, IL, the model estimates $151,327 in Wood River, NE. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Philo, IL and Wood River, NE?

The modeled two-bedroom rents are $1,180/month in Philo, IL and $1,210/month in Wood River, NE. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Illinois and Nebraska on TaxTakeHome.com

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