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Altamont, IL vs Argenta, IL

72
Altamont
Illinois
VS
-5.4%
76
Argenta
Illinois

Altamont is moderately more affordable than Argenta, with a 5.4% lower cost of living index. Altamont scores 72 compared to 76 for Argenta, where the US average is 100. This difference means residents of Argenta can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Altamont is $898/month compared to $1,208/month in Argenta — a 26% difference. Interestingly, home values tell a different story: while Altamont has cheaper rent, Argenta actually has lower median home values ($107,200 vs $132,200).

Median household income in Altamont is $76,198 compared to $75,313 in Argenta (+1.2%). Altamont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Altamont spend roughly 14.1% of their income on rent, less than the 19.2% in Argenta.

Income & Cost

Cost of Living Index
Altamont
72
5% cheaper
Argenta
76
Median Household Income
Altamont
$76,198
1% higher
Argenta
$75,313

Housing

Median Rent
Altamont
$898
26% cheaper
Argenta
$1,208
Median Home Value
Altamont
$132,200
Argenta
$107,200
19% cheaper
Population
Altamont
2,500
Argenta
838

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Altamont
Argenta $2.85
US $3.07
🥚
Eggs (grade A, large)
Altamont
Argenta $2.33
US $2.50
🥛
Milk (whole)
Altamont
Argenta $3.75
US $4.03
🍞
Bread (white)
Altamont
Argenta $1.72
US $1.85
🍗
Chicken breast
Altamont
Argenta $3.86
US $4.14
Electricity
Altamont
Argenta $0.17
US $0.19