Fairmount, IL vs New Canton, IL

There is a significant gap in the cost of living between these two cities. New Canton is 15% cheaper than Fairmount. With a cost index of 55 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Canton to Fairmount should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fairmount is $735/month compared to $525/month in New Canton — a 40% difference. Home values follow the same pattern: New Canton is more affordable at $72,100 median vs $95,900.

Median household income in Fairmount is $63,393 compared to $37,031 in New Canton (+71.2%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmount spend roughly 13.9% of their income on rent, less than the 17% in New Canton.

Climate-wise, both cities share similar average temperatures (52.5°F vs 53°F). Fairmount receives more rainfall at 37" per year compared to 36.4" in New Canton.