Brooklyn, IL vs Fairmont, IL

There is a significant gap in the cost of living between these two cities. Brooklyn is 27.3% cheaper than Fairmont. With a cost index of 65 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Brooklyn to Fairmont should plan for substantially higher expenses across most categories.

On the housing front, median rent in Brooklyn is $950/month compared to $1,372/month in Fairmont — a 31% difference. Home values follow the same pattern: Brooklyn is more affordable at $37,200 median vs $147,400.

Median household income in Brooklyn is $37,656 compared to $59,244 in Fairmont (-36.4%). While Fairmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brooklyn spend roughly 30.3% of their income on rent, more than the 27.8% in Fairmont. The Fairmont ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.