Avon, IL vs Mount Olive, IL

Avon, IL and Mount Olive, IL have a very similar cost of living, with only a 1.7% difference in their overall index. Avon scores 61 while Mount Olive scores 62 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 Avon is $750/month compared to $698/month in Mount Olive — a 7% difference. Interestingly, home values tell a different story: while Mount Olive has cheaper rent, Avon actually has lower median home values ($60,000 vs $96,600).

Median household income in Avon is $45,500 compared to $55,139 in Mount Olive (-17.5%). While Mount Olive is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Avon spend roughly 19.8% of their income on rent, more than the 15.2% in Mount Olive.