Farmington, IL vs Shipman, IL

Farmington, IL and Shipman, IL have a very similar cost of living, with only a 1.7% difference in their overall index. Farmington scores 66 while Shipman scores 65 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 Farmington is $877/month compared to $788/month in Shipman — a 11% difference. Home values follow the same pattern: Shipman is more affordable at $92,500 median vs $99,300.

Median household income in Farmington is $64,313 compared to $62,500 in Shipman (+2.9%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 16.4% of their income on rent, more than the 15.1% in Shipman.

Climate-wise, Shipman is notably warmer with an average of 56.1°F compared to 52.7°F in Farmington. Shipman receives more rainfall at 39.4" per year compared to 37.6" in Farmington.