Allerton, IL vs New Boston, IL

There is a significant gap in the cost of living between these two cities. New Boston is 18.3% cheaper than Allerton. With a cost index of 54 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Boston to Allerton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Allerton is $775/month compared to $483/month in New Boston — a 61% difference. Home values follow the same pattern: New Boston is more affordable at $100,700 median vs $106,700.

Median household income in Allerton is $51,667 compared to $61,563 in New Boston (-16.1%). New Boston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Allerton spend roughly 18% of their income on rent, more than the 9.4% in New Boston.