Belvidere, IL vs Rock Falls, IL
There is a significant gap in the cost of living between these two cities. Rock Falls is 15.5% cheaper than Belvidere. With a cost index of 63 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rock Falls to Belvidere should plan for substantially higher expenses across most categories.
On the housing front, median rent in Belvidere is $943/month compared to $745/month in Rock Falls — a 27% difference. Home values follow the same pattern: Rock Falls is more affordable at $82,400 median vs $153,100.
Median household income in Belvidere is $62,462 compared to $48,733 in Rock Falls (+28.2%). 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 18.3% in Rock Falls.
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