Lostant, IL vs New Milford, IL

New Milford is moderately more affordable than Lostant, with a 8.6% lower cost of living index. Lostant scores 71 compared to 65 for New Milford, where the US average is 100. This difference means residents of Lostant can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lostant is $950/month compared to $750/month in New Milford — a 27% difference. Interestingly, home values tell a different story: while New Milford has cheaper rent, Lostant actually has lower median home values ($99,600 vs $130,200).

Median household income in Lostant is $68,750 compared to $73,125 in New Milford (-6%). New Milford offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lostant spend roughly 16.6% of their income on rent, more than the 12.3% in New Milford.

Climate-wise, Lostant is notably warmer with an average of 52.7°F compared to 49.4°F in New Milford. Lostant receives more rainfall at 37.6" per year compared to 37.2" in New Milford.