Streator, IL vs Wood River, IL: Cost of Living

Which city costs less?

Wood River, IL has a modeled overall cost index 7.5% lower than Streator, IL.

Streator, IL · modeled 2BR rent: $970 / month
Wood River, IL · modeled 2BR rent: $1,040 / 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 Streator, IL and Wood River, IL 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

Current salary in Streator, IL

Numbers update automatically as you type

Estimated savings: $878/month in Wood River, IL

$150,000 in your current city has a modeled equivalent of $139,466 in Wood River, IL

Regional cost estimates: Streator, IL uses Chicago, IL. Wood River, IL uses St. Louis, MO. Available city ZIP rent estimates are shown separately.

Overall Cost

↓ 7.5%

Less expensive

Monthly Impact

$878

Savings

Annual Impact

$10.5K

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.

Streator, IL

Population:12K

Cost Index:

87.2

100 = national average

Typical Home:$120K

Wood River, IL

Population:10K

Cost Index:

80.6

100 = national average

Typical Home:$123K

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Streator, IL

The Prairie State

12K

Population

State Tax

Yes

Located in Illinois, this city has a population of 12K residents.

Wood River, IL

The Prairie State

10K

Population

State Tax

Yes

Located in Illinois, this city has a population of 10K residents.

Cost Breakdown by Category

Estimated monthly spending: Streator, IL vs Wood River, IL

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.

Category	Streator, IL	Wood River, IL	Difference	Change
Housing	$2,411/mo	$1,691/mo	↓ $721less	29.9%
Transportation	$1,468/mo	$1,220/mo	↓ $247less	16.9%
Other	$1,536/mo	$1,613/mo	↑ $77.64more	5.1%
All Utilities	$505/mo	$558/mo	↑ $53.43more	10.6%
Healthcare	$579/mo	$549/mo	↓ $29.45less	5.1%
Groceries	$1,001/mo	$990/mo	↓ $11.34less	1.1%

Housing

↓ 29.9%

Streator, IL

$2,411

Wood River, IL

$1,691

Difference

$721

less

Transportation

↓ 16.9%

Streator, IL

$1,468

Wood River, IL

$1,220

Difference

$247

less

Other

↑ 5.1%

Streator, IL

$1,536

Wood River, IL

$1,613

Difference

$77.64

All Utilities

↑ 10.6%

Streator, IL

$505

Wood River, IL

$558

Difference

$53.43

Healthcare

↓ 5.1%

Streator, IL

$579

Wood River, IL

$549

Difference

$29.45

less

Groceries

↓ 1.1%

Streator, IL

$1,001

Wood River, IL

$990

Difference

$11.34

less

🏠Rent Comparison

Studio

From$690

To$820

↑ $130

1 Bed

From$740

To$850

↑ $110

2 Bed

From$970

To$1,040

↑ $70.00

3 Bed

From$1,280

To$1,340

↑ $60.00

Streator, ILZIP-level data

1BR range: $740–$740/mo

Wood River, ILZIP-level data

1BR range: $850–$850/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 Streator, IL

$6,622

Monthly in Wood River, IL

$878

Difference

Home Values

Streator

Wood River

$120K

Median Value

$123K

↑ +9.3%

YoY Change

↑ +2.1%

↑ +46.9%

5-Year Change

↑ +29.4%

Homes in Wood River are 2% more expensive than Streator

Calculate payment - Streator Calculate payment - Wood River

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Streator, 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, 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

Additional Tax Information

Streator, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

Wood River, IL Tax Rates

Sales Tax:8.8%

Property Tax:2.2%

💡 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

Streator

Wood River

54 Moderate

Air Quality

54 Moderate

35.8%

Good Air Days

38%

100 Very High

Climate Risk

99 High

🌊🌡🫨

Top Hazards

🌊🌡🫨

▲+3.2°F

2050 Outlook

▲+3.0°F

18 days

Heat Days >95°F

39 days

▲+3.2°F

2050 Outlook

▲+3.0°F

18 days

Heat Days >95°F

39 days

Before moving from Streator, IL to Wood River, IL

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

Compare actual homes. Get current quotes in Wood River, IL for the same bedroom count and included utilities as your home in Streator, IL. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
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.
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.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Streator to Wood River moving checklist to organize the tasks and timing.

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

Frequently Asked Questions: Streator, IL vs Wood River, IL

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

Wood River, IL has a modeled overall cost index 7.5% lower than Streator, 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 Streator, IL, the model estimates $139,466 in Wood River, IL. 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 Streator, IL and Wood River, IL?

The modeled two-bedroom rents are $970/month in Streator, IL and $1,040/month in Wood River, IL. 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.

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