Andover, IL vs Germantown, IL

Andover, IL and Germantown, IL have a very similar cost of living, with only a 1.6% difference in their overall index. Andover scores 70 while Germantown scores 71 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 Andover is $906/month compared to $752/month in Germantown — a 21% difference. Interestingly, home values tell a different story: while Germantown has cheaper rent, Andover actually has lower median home values ($139,600 vs $185,300).

Median household income in Andover is $68,281 compared to $83,661 in Germantown (-18.4%). While Germantown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Andover spend roughly 15.9% of their income on rent, more than the 10.8% in Germantown.