Fairmont City, IL vs Newman, IL

Newman is moderately more affordable than Fairmont City, with a 5.6% lower cost of living index. Fairmont City scores 69 compared to 66 for Newman, where the US average is 100. This difference means residents of Fairmont City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairmont City is $1,012/month compared to $768/month in Newman — a 32% difference. Interestingly, home values tell a different story: while Newman has cheaper rent, Fairmont City actually has lower median home values ($65,500 vs $106,700).

Median household income in Fairmont City is $43,333 compared to $73,526 in Newman (-41.1%). Newman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairmont City spend roughly 28% of their income on rent, more than the 12.5% in Newman.

Climate-wise, Fairmont City is notably warmer with an average of 56.5°F compared to 52.5°F in Newman. Fairmont City receives more rainfall at 40.8" per year compared to 37" in Newman.