East Alton, IL vs Morton, IL
There is a significant gap in the cost of living between these two cities. East Alton is 18.3% cheaper than Morton. With a cost index of 66 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from East Alton to Morton should plan for substantially higher expenses across most categories.
On the housing front, median rent in East Alton is $819/month compared to $1,001/month in Morton — a 18% difference. Home values follow the same pattern: East Alton is more affordable at $99,600 median vs $238,900.
Median household income in East Alton is $46,926 compared to $87,760 in Morton (-46.5%). While Morton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Alton spend roughly 20.9% of their income on rent, more than the 13.7% in Morton.
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