Amboy, IL vs Loami, IL
Loami is moderately more affordable than Amboy, with a 6.1% lower cost of living index. Amboy scores 71 compared to 67 for Loami, where the US average is 100. This difference means residents of Amboy can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Amboy is $880/month compared to $871/month in Loami — a 1% difference. Home values follow the same pattern: Loami is more affordable at $108,800 median vs $132,600.
Median household income in Amboy is $76,667 compared to $53,750 in Loami (+42.6%). While Amboy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amboy spend roughly 13.8% of their income on rent, less than the 19.4% in Loami.
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