Carrollton, IL vs Marengo, IL
There is a significant gap in the cost of living between these two cities. Carrollton is 17.1% cheaper than Marengo. With a cost index of 71 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrollton to Marengo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Carrollton is $920/month compared to $1,077/month in Marengo — a 15% difference. Home values follow the same pattern: Carrollton is more affordable at $114,100 median vs $206,100.
Median household income in Carrollton is $64,464 compared to $72,586 in Marengo (-11.2%). The higher salaries in Marengo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carrollton spend roughly 17.1% of their income on rent, less than the 17.8% in Marengo.
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