Belvidere, IL vs Crete, IL

There is a significant gap in the cost of living between these two cities. Belvidere is 20.9% cheaper than Crete. With a cost index of 73 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Belvidere to Crete should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belvidere is $943/month compared to $1,283/month in Crete — a 27% difference. Home values follow the same pattern: Belvidere is more affordable at $153,100 median vs $209,100.

Median household income in Belvidere is $62,462 compared to $97,984 in Crete (-36.3%). While Crete is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belvidere spend roughly 18.1% of their income on rent, more than the 15.7% in Crete.