City Comparison

Springfield vs Stockholm

Cost of Living Comparison · 2026

Springfield

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

19.6%

The cost gap between these cities is 19.6%, with Springfield being the more affordable option. A $75,000 income in Springfield has equivalent purchasing power to $93,269 in Stockholm.

Category-by-Category Breakdown

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

Housing
52
Springfield
118
Stockholm
Groceries
98
Springfield
92
Stockholm
Utilities
98
Springfield
88
Stockholm
Transportation
114
Springfield
108
Stockholm
Healthcare
91
Springfield
82
Stockholm

Salary Equivalence

A $75,000 salary in Springfield has the same purchasing power as $93,269 in Stockholm.

Conversely, $75,000 in Stockholm equals $60,309 in Springfield.

Living in Springfield vs Stockholm

Housing Costs

Springfield's housing index of 52 is lower Stockholm's 118, translating to median home prices of $162,000 vs $445,000. The $283,000 difference in home prices means roughly $18,396 per year in additional mortgage costs at current rates. Renters face a similar gap: $925/mo in Springfield compared to $1,500/mo in Stockholm, a monthly difference of $575.

Grocery & Food Costs

Grocery expenses index at 98 in Springfield and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $466/month in Springfield vs $437/month in Stockholm. Stockholm offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 98 in Springfield and 88 in Stockholm. Monthly utility bills average approximately $392 in Springfield vs $352 in Stockholm. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 91 in Springfield and 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $65,500 in Springfield and $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $83,974 and $51,546 respectively. Springfield residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,528/month to housing in Springfield vs $1,167/month in Stockholm. In Springfield, median rent of $925/mo fits within this budget. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 66 index points — focus your budget analysis there.

Frequently Asked Questions

Springfield is 19.6% more affordable overall with an index of 78 vs 97.
A $75,000 salary in Springfield has equivalent purchasing power to approximately $93,269 in Stockholm, based on the cost of living difference.
Springfield's housing index is 52 with median homes at $162,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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