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Momence, IL vs Monmouth, IL

70
Momence
Illinois
VS
+15.2%
61
Monmouth
Illinois

There is a significant gap in the cost of living between these two cities. Monmouth is 15.2% cheaper than Momence. With a cost index of 61 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monmouth to Momence should plan for substantially higher expenses across most categories.

On the housing front, median rent in Momence is $803/month compared to $652/month in Monmouth — a 23% difference. Home values follow the same pattern: Monmouth is more affordable at $88,100 median vs $159,600.

Median household income in Momence is $52,048 compared to $59,690 in Monmouth (-12.8%). Monmouth offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Momence spend roughly 18.5% of their income on rent, more than the 13.1% in Monmouth.

Climate-wise, both cities share similar average temperatures (51.8°F vs 51.9°F). Monmouth receives more rainfall at 37.9" per year compared to 33.4" in Momence.

Income & Cost

Cost of Living Index
Momence
70
Monmouth
61
13% cheaper
Median Household Income
Momence
$52,048
Monmouth
$59,690
13% higher

Housing

Median Rent
Momence
$803
Monmouth
$652
19% cheaper
Median Home Value
Momence
$159,600
Monmouth
$88,100
45% cheaper
Population
Momence
3,076
Monmouth
8,794

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Momence $2.85
Monmouth
US $3.07
🥚
Eggs (grade A, large)
Momence $2.33
Monmouth
US $2.50
🥛
Milk (whole)
Momence $3.75
Monmouth
US $4.03
🍞
Bread (white)
Momence $1.72
Monmouth
US $1.85
🍗
Chicken breast
Momence $3.86
Monmouth
US $4.14
Electricity
Momence $0.16
Monmouth
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Momence 51.8°F
Monmouth 51.9°F
Summer High
Momence 85°F
Monmouth 85°F
Winter Low
Momence 18°F
Monmouth 16°F
Rainfall
Momence 33.4"
Monmouth 37.9"
Rainy Days
Momence 128d
Monmouth 114d