City Comparison

Hollywood vs Springfield

Cost of Living Comparison · 2026

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

Springfield

Illinois
78
Very Affordable
$162,000
Median Home
$925/mo
Median Rent
$65,500
Median Income

The Verdict

42.3%

Living in Springfield costs 42.3% less than Hollywood. To match the purchasing power of a $75,000 salary in Hollywood, you would need $52,703 in Springfield.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
130
Hollywood
52
Springfield
Groceries
104
Hollywood
98
Springfield
Utilities
96
Hollywood
98
Springfield
Transportation
113
Hollywood
114
Springfield
Healthcare
96
Hollywood
91
Springfield

Salary Equivalence

A $75,000 salary in Hollywood has the same purchasing power as $52,703 in Springfield.

Conversely, $75,000 in Springfield equals $106,731 in Hollywood.

Living in Hollywood vs Springfield

Housing Costs

Hollywood's housing index of 130 is higher Springfield's 52, translating to median home prices of $424,000 vs $162,000. The $262,000 difference in home prices means roughly $17,028 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Hollywood compared to $925/mo in Springfield, a monthly difference of $800.

Grocery & Food Costs

Grocery expenses index at 104 in Hollywood and 98 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $494/month in Hollywood vs $466/month in Springfield. Springfield offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 96 in Hollywood and 98 in Springfield. Monthly utility bills average approximately $384 in Hollywood vs $392 in Springfield. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Hollywood and 91 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $60,300 in Hollywood and $65,500 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $54,324 and $83,974 respectively. Springfield residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,407/month to housing in Hollywood vs $1,528/month in Springfield. In Hollywood, median rent of $1,725/mo exceeds this threshold, suggesting renters may feel stretched. In Springfield, median rent of $925/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 78 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 42.3% more affordable overall with an index of 78 vs 111.
A $75,000 salary in Hollywood has equivalent purchasing power to approximately $52,703 in Springfield, based on the cost of living difference.
Hollywood's housing index is 130 with median homes at $424,000, while Springfield's is 52 with median homes at $162,000.

Moving & Relocation Resources

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