Lockport, IL vs Monmouth, IL

The cost of living difference between Lockport, IL and Monmouth, IL is dramatic. Monmouth is 74.8% cheaper than Lockport, a gap that translates to thousands of dollars per year in household expenses. Lockport has a cost index of 106 while Monmouth sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lockport is $1,503/month compared to $652/month in Monmouth — a 131% difference. Home values follow the same pattern: Monmouth is more affordable at $88,100 median vs $298,800.

Median household income in Lockport is $113,252 compared to $59,690 in Monmouth (+89.7%). While Lockport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lockport spend roughly 15.9% of their income on rent, more than the 13.1% in Monmouth.

Climate-wise, both cities share similar average temperatures (52.1°F vs 51.9°F). Monmouth receives more rainfall at 37.9" per year compared to 34.4" in Lockport.