Marengo, IL vs Petersburg, IL
There is a significant gap in the cost of living between these two cities. Petersburg is 29% cheaper than Marengo. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Petersburg to Marengo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Marengo is $1,077/month compared to $665/month in Petersburg — a 62% difference. Home values follow the same pattern: Petersburg is more affordable at $174,800 median vs $206,100.
Median household income in Marengo is $72,586 compared to $59,850 in Petersburg (+21.3%). The higher salaries in Marengo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Marengo spend roughly 17.8% of their income on rent, more than the 13.3% in Petersburg.
Climate-wise, Petersburg is notably warmer with an average of 54°F compared to 49.4°F in Marengo. Petersburg receives more rainfall at 38" per year compared to 37.2" in Marengo.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)