Fairmont City, IL vs Sheffield, IL

Fairmont City, IL and Sheffield, IL have a very similar cost of living, with only a 0.6% difference in their overall index. Fairmont City scores 69 while Sheffield scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fairmont City is $1,012/month compared to $992/month in Sheffield — a 2% difference. Interestingly, home values tell a different story: while Sheffield has cheaper rent, Fairmont City actually has lower median home values ($65,500 vs $102,600).

Median household income in Fairmont City is $43,333 compared to $68,542 in Sheffield (-36.8%). While Sheffield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmont City spend roughly 28% of their income on rent, more than the 17.4% in Sheffield.

Climate-wise, Fairmont City is notably warmer with an average of 56.5°F compared to 51.2°F in Sheffield. Fairmont City receives more rainfall at 40.8" per year compared to 38.3" in Sheffield.