Homewood, IL vs Normal, IL
There is a significant gap in the cost of living between these two cities. Normal is 23.1% cheaper than Homewood. With a cost index of 78 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Normal to Homewood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Homewood is $1,422/month compared to $974/month in Normal — a 46% difference. Home values follow the same pattern: Normal is more affordable at $199,900 median vs $210,500.
Median household income in Homewood is $96,522 compared to $66,350 in Normal (+45.5%). While Homewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Homewood spend roughly 17.7% of their income on rent, more than the 17.6% in Normal.
Climate-wise, both cities share similar average temperatures (52.1°F vs 52.7°F). Normal receives more rainfall at 37.6" per year compared to 34.4" in Homewood.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)