Lovington, IL vs Melvin, IL

Lovington, IL and Melvin, IL have a very similar cost of living, with only a 1.9% difference in their overall index. Lovington scores 60 while Melvin scores 62 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 Lovington is $748/month compared to $817/month in Melvin — a 8% difference. Interestingly, home values tell a different story: while Lovington has cheaper rent, Melvin actually has lower median home values ($62,000 vs $90,400).

Median household income in Lovington is $54,394 compared to $35,000 in Melvin (+55.4%). Lovington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lovington spend roughly 16.5% of their income on rent, less than the 28% in Melvin.

Climate-wise, both cities share similar average temperatures (53.1°F vs 52.3°F). Melvin receives more rainfall at 40.4" per year compared to 36.4" in Lovington.