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Belvidere, IL vs Decatur, IL

73
Belvidere
Illinois
VS
+16.4%
62
Decatur
Illinois

There is a significant gap in the cost of living between these two cities. Decatur is 16.4% cheaper than Belvidere. With a cost index of 62 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Decatur to Belvidere should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belvidere is $943/month compared to $796/month in Decatur — a 19% difference. Home values follow the same pattern: Decatur is more affordable at $97,300 median vs $153,100.

Median household income in Belvidere is $62,462 compared to $50,809 in Decatur (+22.9%). While Belvidere 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, less than the 18.8% in Decatur.

Income & Cost

Cost of Living Index
Belvidere
73
Decatur
62
14% cheaper
Median Household Income
Belvidere
$62,462
19% higher
Decatur
$50,809

Housing

Median Rent
Belvidere
$943
Decatur
$796
16% cheaper
Median Home Value
Belvidere
$153,100
Decatur
$97,300
36% cheaper
Population
Belvidere
24,510
Decatur
70,368

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Belvidere $2.85
Decatur $2.85
US $3.07
🥚
Eggs (grade A, large)
Belvidere $2.33
Decatur $2.33
US $2.50
🥛
Milk (whole)
Belvidere $3.75
Decatur $3.75
US $4.03
🍞
Bread (white)
Belvidere $1.72
Decatur $1.72
US $1.85
🍗
Chicken breast
Belvidere $3.86
Decatur $3.86
US $4.14
Electricity
Belvidere $0.16
Decatur $0.17
US $0.19