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Cherry Valley, IL vs Mendon, IL

76
Cherry Valley
Illinois
VS
+21.8%
63
Mendon
Illinois

There is a significant gap in the cost of living between these two cities. Mendon is 21.8% cheaper than Cherry Valley. With a cost index of 63 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mendon to Cherry Valley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cherry Valley is $871/month compared to $661/month in Mendon — a 32% difference. Home values follow the same pattern: Mendon is more affordable at $108,500 median vs $222,400.

Median household income in Cherry Valley is $74,766 compared to $62,778 in Mendon (+19.1%). The higher salaries in Cherry Valley partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cherry Valley spend roughly 14% of their income on rent, more than the 12.6% in Mendon.

Income & Cost

Cost of Living Index
Cherry Valley
76
Mendon
63
18% cheaper
Median Household Income
Cherry Valley
$74,766
16% higher
Mendon
$62,778

Housing

Median Rent
Cherry Valley
$871
Mendon
$661
24% cheaper
Median Home Value
Cherry Valley
$222,400
Mendon
$108,500
51% cheaper
Population
Cherry Valley
3,268
Mendon
1,131

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cherry Valley $2.85
Mendon
US $3.07
🥚
Eggs (grade A, large)
Cherry Valley $2.33
Mendon
US $2.50
🥛
Milk (whole)
Cherry Valley $3.75
Mendon
US $4.03
🍞
Bread (white)
Cherry Valley $1.72
Mendon
US $1.85
🍗
Chicken breast
Cherry Valley $3.86
Mendon
US $4.14
Electricity
Cherry Valley $0.16
Mendon
US $0.19