Loami, IL vs Villa Grove, IL

Loami, IL and Villa Grove, IL have a very similar cost of living, with only a 0.3% difference in their overall index. Loami scores 67 while Villa Grove scores 67 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 Loami is $871/month compared to $901/month in Villa Grove — a 3% difference. Interestingly, home values tell a different story: while Loami has cheaper rent, Villa Grove actually has lower median home values ($99,600 vs $108,800).

Median household income in Loami is $53,750 compared to $69,900 in Villa Grove (-23.1%). While Villa Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Loami spend roughly 19.4% of their income on rent, more than the 15.5% in Villa Grove.

Climate-wise, both cities share similar average temperatures (54°F vs 52.5°F). Loami receives more rainfall at 38" per year compared to 37" in Villa Grove.