Belvidere, IL vs Rockton, IL
Belvidere, IL and Rockton, IL have a very similar cost of living, with only a 4.3% difference in their overall index. Belvidere scores 73 while Rockton scores 76 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 Belvidere is $943/month compared to $864/month in Rockton — a 9% difference. Interestingly, home values tell a different story: while Rockton has cheaper rent, Belvidere actually has lower median home values ($153,100 vs $222,100).
Median household income in Belvidere is $62,462 compared to $109,333 in Rockton (-42.9%). While Rockton 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 9.5% in Rockton.
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