Bellevue, IL vs Monticello, IL
There is a significant gap in the cost of living between these two cities. Bellevue is 18.5% cheaper than Monticello. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bellevue to Monticello should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bellevue is $748/month compared to $1,030/month in Monticello — a 27% difference. Home values follow the same pattern: Bellevue is more affordable at $130,300 median vs $196,000.
Median household income in Bellevue is $60,769 compared to $88,611 in Monticello (-31.4%). While Monticello is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bellevue spend roughly 14.8% of their income on rent, more than the 13.9% in Monticello.
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