Cambridge, IL vs Monticello, IL

Cambridge is moderately more affordable than Monticello, with a 8.2% lower cost of living index. Cambridge scores 73 compared to 79 for Monticello, where the US average is 100. This difference means residents of Monticello can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cambridge is $1,039/month compared to $1,030/month in Monticello — a 1% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Cambridge actually has lower median home values ($120,400 vs $196,000).

Median household income in Cambridge is $72,292 compared to $88,611 in Monticello (-18.4%). While Monticello is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambridge spend roughly 17.2% of their income on rent, more than the 13.9% in Monticello.