CostIndexUSA

Redding, CA vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Redding
100.7
overall index
$1,600/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is moderately cheaper than Redding — 7.9% lower overall cost of living.

To match an $80,000 salary in Redding, you would need $73,600 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing19.9%
Redding
89.4
Springfield
71.6
🛒 Groceries11.0%
Redding
105.2
Springfield
93.6
🚗 Transportation0.7%
Redding
105.3
Springfield
104.6
🏥 Healthcare0.7%
Redding
95.3
Springfield
94.6
Utilities42.7%
Redding
157.7
Springfield
90.4

Salary Equivalency Calculator

Enter your current salary in Redding to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, IL
$73,600
$6,400 less needed in Springfield

Formula: salary × (92.7 ÷ 100.7) = salary × 0.9206. Based on BEA Regional Price Parities.

Housing Market

Redding, CA

Median Home Price
$362,000
Median Monthly Rent
$1,600
Housing Index
89.4
Price-to-Rent Ratio
18.9×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Redding has 19.9% lower housing costs compared to Springfield.

Income & Job Market

Redding, CA

Median Household Income
$75,900
Per Capita Income
$43,300
Unemployment Rate
4.5%
Population
91,305
Top Industries
HealthcareGovernmentRetailManufacturingEducation

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Redding, CA
4.0×income-to-rent ratio

75% of income left after rent (median)

Springfield, IL
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.