Lerna, IL vs New Boston, IL
There is a significant gap in the cost of living between these two cities. New Boston is 19.2% cheaper than Lerna. With a cost index of 54 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Boston to Lerna should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lerna is $800/month compared to $483/month in New Boston — a 66% difference. Interestingly, home values tell a different story: while New Boston has cheaper rent, Lerna actually has lower median home values ($80,800 vs $100,700).
Median household income in Lerna is $48,750 compared to $61,563 in New Boston (-20.8%). New Boston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lerna spend roughly 19.7% of their income on rent, more than the 9.4% in New Boston.
Climate-wise, both cities share similar average temperatures (53.4°F vs 51.9°F). New Boston receives more rainfall at 37.9" per year compared to 36" in Lerna.
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Climate
NOAA 30-year normals (1991-2020)