Altamont, IL vs Ashton, IL

Altamont, IL and Ashton, IL have a very similar cost of living, with only a 1.6% difference in their overall index. Altamont scores 72 while Ashton scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Altamont is $898/month compared to $931/month in Ashton — a 4% difference. Interestingly, home values tell a different story: while Altamont has cheaper rent, Ashton actually has lower median home values ($106,300 vs $132,200).

Median household income in Altamont is $76,198 compared to $61,389 in Ashton (+24.1%). While Altamont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altamont spend roughly 14.1% of their income on rent, less than the 18.2% in Ashton.