Altamont, IL vs Illiopolis, IL

There is a significant gap in the cost of living between these two cities. Illiopolis is 19.2% cheaper than Altamont. With a cost index of 60 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Illiopolis to Altamont should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altamont is $898/month compared to $675/month in Illiopolis — a 33% difference. Home values follow the same pattern: Illiopolis is more affordable at $96,500 median vs $132,200.

Median household income in Altamont is $76,198 compared to $74,219 in Illiopolis (+2.7%). Altamont does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Altamont spend roughly 14.1% of their income on rent, more than the 10.9% in Illiopolis.