Altamont, IL vs Jerseyville, IL

Altamont, IL and Jerseyville, IL have a very similar cost of living, with only a 4.7% difference in their overall index. Altamont scores 72 while Jerseyville scores 68 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 $826/month in Jerseyville — a 9% difference. Home values follow the same pattern: Jerseyville is more affordable at $124,200 median vs $132,200.

Median household income in Altamont is $76,198 compared to $71,623 in Jerseyville (+6.4%). 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, more than the 13.8% in Jerseyville.