Altamont, IL vs West Frankfort, IL
There is a significant gap in the cost of living between these two cities. West Frankfort is 19.5% 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 West Frankfort to Altamont should plan for substantially higher expenses across most categories.
On the housing front, median rent in Altamont is $898/month compared to $673/month in West Frankfort — a 33% difference. Home values follow the same pattern: West Frankfort is more affordable at $72,500 median vs $132,200.
Median household income in Altamont is $76,198 compared to $48,143 in West Frankfort (+58.3%). 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 16.8% in West Frankfort.
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