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Altamont, IL vs Benton, IL

72
Altamont
Illinois
VS
+11.8%
64
Benton
Illinois

Benton is moderately more affordable than Altamont, with a 11.8% lower cost of living index. Altamont scores 72 compared to 64 for Benton, where the US average is 100. This difference means residents of Altamont 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 $776/month in Benton — a 16% difference. Home values follow the same pattern: Benton is more affordable at $85,100 median vs $132,200.

Median household income in Altamont is $76,198 compared to $51,349 in Benton (+48.4%). 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 18.1% in Benton.

Income & Cost

Cost of Living Index
Altamont
72
Benton
64
11% cheaper
Median Household Income
Altamont
$76,198
33% higher
Benton
$51,349

Housing

Median Rent
Altamont
$898
Benton
$776
14% cheaper
Median Home Value
Altamont
$132,200
Benton
$85,100
36% cheaper
Population
Altamont
2,500
Benton
7,076

Salary Equivalency Calculator

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