Cherry Valley, IL vs Valmeyer, IL

Cherry Valley is moderately more affordable than Valmeyer, with a 12.4% lower cost of living index. Cherry Valley scores 76 compared to 87 for Valmeyer, where the US average is 100. This difference means residents of Valmeyer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cherry Valley is $871/month compared to $1,210/month in Valmeyer — a 28% difference. Interestingly, home values tell a different story: while Cherry Valley has cheaper rent, Valmeyer actually has lower median home values ($208,600 vs $222,400).

Median household income in Cherry Valley is $74,766 compared to $93,472 in Valmeyer (-20%). While Valmeyer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cherry Valley spend roughly 14% of their income on rent, less than the 15.5% in Valmeyer.