Irving, IL vs New Milford, IL

There is a significant gap in the cost of living between these two cities. Irving is 20.3% cheaper than New Milford. With a cost index of 52 vs 65, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Irving to New Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Irving is $478/month compared to $750/month in New Milford — a 36% difference. Home values follow the same pattern: Irving is more affordable at $44,600 median vs $130,200.

Median household income in Irving is $46,250 compared to $73,125 in New Milford (-36.8%). While New Milford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Irving spend roughly 12.4% of their income on rent, more than the 12.3% in New Milford.

Climate-wise, Irving is notably warmer with an average of 54°F compared to 49.4°F in New Milford. Irving receives more rainfall at 38" per year compared to 37.2" in New Milford.