Farmer City, IL vs Tovey, IL

Farmer City, IL and Tovey, IL have a very similar cost of living, with only a 1.9% difference in their overall index. Farmer City scores 57 while Tovey scores 56 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 Farmer City is $500/month compared to $541/month in Tovey — a 8% difference. Interestingly, home values tell a different story: while Farmer City has cheaper rent, Tovey actually has lower median home values ($78,200 vs $128,900).

Median household income in Farmer City is $73,147 compared to $81,250 in Tovey (-10%). Tovey offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmer City spend roughly 8.2% of their income on rent, more than the 8% in Tovey.

Climate-wise, both cities share similar average temperatures (51.1°F vs 54°F). Farmer City receives more rainfall at 39.6" per year compared to 38" in Tovey.