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Concord, IL vs Monroe Center, IL

82
Concord
Illinois
VS
+13.9%
72
Monroe Center
Illinois

Monroe Center is moderately more affordable than Concord, with a 13.9% lower cost of living index. Concord scores 82 compared to 72 for Monroe Center, where the US average is 100. This difference means residents of Concord can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Concord are $107,300 compared to $148,000 in Monroe Center, a 28% gap.

Median household income in Concord is $44,250 compared to $91,563 in Monroe Center (-51.7%). Monroe Center offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Concord
82
Monroe Center
72
12% cheaper
Median Household Income
Concord
$44,250
Monroe Center
$91,563
52% higher

Housing

Median Rent
Concord
Monroe Center
$878
Median Home Value
Concord
$107,300
28% cheaper
Monroe Center
$148,000
Population
Concord
141
Monroe Center
415

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