Marengo, IL vs Richmond, IL

Marengo is moderately more affordable than Richmond, with a 5.4% lower cost of living index. Marengo scores 85 compared to 90 for Richmond, where the US average is 100. This difference means residents of Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Marengo is $1,077/month compared to $1,183/month in Richmond — a 9% difference. Home values follow the same pattern: Marengo is more affordable at $206,100 median vs $225,800.

Median household income in Marengo is $72,586 compared to $70,379 in Richmond (+3.1%). Marengo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Marengo spend roughly 17.8% of their income on rent, less than the 20.2% in Richmond.

Climate-wise, both cities share similar average temperatures (49.4°F vs 49.2°F). Marengo receives more rainfall at 37.2" per year compared to 31.9" in Richmond.